Halifax fuelled fears about the state of the housing market as the nation’s biggest mortgage lender reported a third monthly fall in house prices.
The 0.4 per cent decline in property prices in September replicates what the Nationwide’s index found earlier this week. Year-on-year prices are also down, with the average property price falling to £159,486 in September, a 1.2 per cent drop on the same month in 2011………………………………………..Full Article: Source