- The price of a typical UK house fell by 0.7% in July
- Prices 2.6% lower than one year ago
- Price of a typical home was £164,389
* Seasonally adjusted figure (Note that monthly % changes are revised when seasonal adjustment factors are re-estimated)
Commenting on the figures Robert Gardner, Nationwide's Chief Economist said:
"UK house prices declined for the fourth time in five months in July, with prices falling by 0.7%. This pushed the annual pace of price growth down to -2.6%, from -1.5% in June - the weakest outturn since August 2009."
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