Greater Manchester has seen the biggest fall in home ownership in England according to new figures.
Its fallen by 14 and a half percent since 2003.
Across England ownership is at its lowest level for 30 years.
The Nationwide is reporting that house prices have surged by 8.4% over 2013 across the UK. Prices rose by 1.4% month-on-month in December to reach £175,826 on average. Manchester was named by the study as the best-performing area in 2013, with prices there up by 21% to reach £209,627.
The housing market revival continued in August but asking prices fell in the North West a property website has reported.
Rightmove said August had seen the first dip in sellers' asking prices this year so far, down by 1.8% month-on-month to £249,199 on average across the country.
The North West saw the biggest monthly fall, at 3.5%, although on an annual basis prices there are up by 0.9%.
House prices saw a national uplift for the first time in nine months but fell by 0.1% in the North West, property analyst Hometrack said.Read the full story ›
The North West is to be at the forefront of a UK revival in house prices, experts have said.Read the full story ›
North West house sellers have increased their asking prices by almost 4% in October.Read the full story ›
House prices have fallen for the third month in a row, including in the North West. New research has put the slump down to buyers staying home to watch the Olympics.
The North West saw the second steepest fall, down 2% to an average of £159,729.
Summer sellers have had some very stiff competition, not only from competing sellers chopping their prices, but also from the Olympics extravaganza which has been more compelling for many than viewing property.
The global squeeze in the credit markets has seriously affected the man on the street's access to mortgage financing, permanently hampering their ability to finance their journey onto and up the housing ladder."
House prices have fallen for the first time in seven months, with the North West seeing a decrease of 0.3%.Read the full story ›