Rate of price fall slows but no swift market recovery - Nationwide

Nov. 28, 2008
The rate of house price falls slowed this month, according to Nationwide. Nationwide reported that house prices fell by 0.4% in November, compared to 1.3% the previous month, bringing the annual rate of house price falls to 13.9%. In October the annual rate was 14.6%. The Nationwide index also showed that the average house price was £158,442, £25,000 less than …

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