London stock market fell and the housing prices continued to decline
UK house prices continued to decline, which exacerbate the worry of British economy from the investors. Citigroup massive layoffs, the Japanese economy recession further attached the confidence in Europe. Moreover, the European stock markets all fell.
Great Decline of New York Housing Prices
As to the New York ordinary apartments, over 50 square meters only cost 60 to 70 thousand U.S. dollars, but last year, the same house cost more than 100 thousand U.S. dollars. However, the willing to buy houses is quite low, which fell by 50% compared with half a year ago. Moreover, the U.S. house prices have universal decline.
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