Nationwide Reports House Price Fall for February
Nationwide's survey shows that house prices fell in February by 0.5%.This is the 4th month in a row in which they have reported a fall, taking the average house price down to £179, 358.
Various surveys have charted a decline in the housing market since last summer, with figures released on Thursday from the Land Registry also showing a slowing in the annual rate of house price inflation.
Nationwide is seeing these falls as positive in that the falls are not larger, still forecasting a slowdown rather than a crash.
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