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House prices fall 0.7%
House prices declined 0.7% in September from the previous month, according to figures released by building society the Nationwide.
The average home now costing £164,381 - which is still 1.4% higher than it was a year ago.
"If the recent trend in house prices were to continue through November and December, the annual rate of house price inflation would drop to between 0% and -1% by the end of 2010," said Nationwide's chief economist Martin Gahbauer.
Post Date: October 28th, 2010
The average home now costing £164,381 - which is still 1.4% higher than it was a year ago.
"If the recent trend in house prices were to continue through November and December, the annual rate of house price inflation would drop to between 0% and -1% by the end of 2010," said Nationwide's chief economist Martin Gahbauer.
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Post Date: October 28th, 2010
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