House prices plunge in Welsh county as council acts on second homes

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The story "House prices plunge in Welsh county as council acts on second homes" was covered 6 days ago by BBC Business, a news publisher based in United Kingdom.

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House prices plunge in Welsh county as council acts on second homes - BBC Business

Quick Summary:

House prices in a Welsh county have fallen by more than 12% year-on-year, according to new figures.

House prices in a county where the council has introduced measures to crack down on second homes have fallen by more than 12% year-on-year, according to new figures.

Factors such as interest rates, regional job opportunities, interventions in the local housing market by a council and even the number of transactions can all have an impact on house prices.