House prices outstrip furniture for first time in 34 years, says ACC Index
HOUSE price gains have outstripped furniture price increases in the south east of England for the first time in 34 years, according to the Antique Collectors’ Club Antique Furniture Index. It is the first time property has taken the lead since the Index started at 100 in 1968. Furniture recorded a slight drop at the end of 2002, falling from 3575 to 3492.
The ACC attribute the two per cent decline to the stagnation of trade, which has persisted since Sep…