House prices continue to slide

Press Association
House prices
House prices

House prices have fallen year on year for the 16th month in a row but London continues to buck the trend by recording strong increases, official figures show.

Prices are likely to continue their "slow, downward grind" in the coming months, analysts said, as Land Registry figures showed a 1% annual drop across England and Wales in April to reach £160,417 on average, continuing an unbroken negative trend stretching back as far as January last year.