The Party That Cares

The Party That Cares

UK house prices fall for first time in 17 months - Nationwide

Estate agents boards are lined up outside houses in south London

By David Milliken LONDON (Reuters) – House prices in Britain fell for the first time since April 2013 this month, mortgage lender Nationwide said, adding to evidence that a surge in house prices is starting to level off. Nationwide said the average house price in Britain unexpectedly fell by 0.2 percent in September to 188,374 pounds after rising by 0.8 percent in August. House prices are now 9.4 percent higher than a year earlier, the smallest annual increase since February and down from August’s 11.0 percent growth rate, a sharper slowdown than the drop to 10. …

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Source:: Yahoo