UK house prices unexpectedly fell at end of year, Nationwide says
by Mark Sweney from on (#72H7S)
Average property price drops by 0.4% in December to 271,068 after forecasts of 0.1% month-on-month rise
UK house prices fell unexpectedly in December, according to a top mortgage lender, with the market finishing the year with the weakest annual growth in more than 18 months.
The average property price slumped by 0.4% to 271,068 compared with November, according to Nationwide, confounding City forecasts of a 0.1% rise.
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