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U.K. house prices fall most in 10 months on slow economy, Nationwide says

Posted on 02 September 2011

U.K. house prices fell the most in 10 months in August as a slowing economic recovery threatens to undermine demand, Nationwide Building Society said.

The average cost of a home dropped 0.6 percent to 165,914 pounds ($269,800) from July, the Swindon, England-based customer-owned lender said in an e-mailed report today. From a year earlier, values were down 0.4 percent……………………………………….Full Article: Source


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