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Old 07-29-2010, 02:21 PM
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Post Nationwide: house prices down 0.5%

UK house prices fell back in July, for the first time since February, as buyer demand remained weak.According to Nationwide, the average value of a home declined by 0.5%, to £169,347, taking the annual rate of inflation down to 6.6%, compared with 8.7% in June.The lender notes that the sizeable drop is due in part [...]

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