House prices fall again: Nationwide

Press Association
For sale signs
For sale signs

House prices have fallen annually for eight months in a row and the market will remain subdued until people start to see a continued pick-up in their finances, Nationwide has said.

The 0.9% year-on-year decrease took average prices to £164,153 in October, continuing a pattern of small annual increases or falls which started in late 2010, the report said.