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House prices drift lower in September to stand 1.4pct down on last year

Posted on 03 October 2012

Homeowners saw 0.4 per cent wiped off the average price of a property last month as the market remained sluggish, with transaction levels remaining low.
Nationwide said the average price of a home was £163,964 in September, down from £164,729 the month before. This leaves house prices 1.4 per cent lower than they were a year ago, a rate which has been fairly consistent throughout the past year, according to Nationwide………………………………………..Full Article: Source


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