Nationwide announces 8.1% annual decline in house prices

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Nationwide announces 8.1% annual decline in house prices

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07-31-2008, 05:02 PM

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Nationwide announces 8.1% annual decline in house prices

Nationwide has reported that house prices have fallen by 8.1% in the past year.The UK’s largest building society says that values are declining at their sharpest rate since its records began, in 1991, with July showing a 1.7% fall, following a loss of 0.8% in June.Based on these figures, the average cost of a home [...]

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