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Evening Standard
Evening Standard
Business
Vicky Shaw

UK house prices fall at fastest annual rate for 14 years

United Kingdom Robert Gardner Nationwide Inflation Mark Harris Bank of England Barclays HSBC Nationwide Building Society SPF Private Clients

The average UK house price fell at the fastest annual rate for 14 years in July, according to an index by Nationwide.

Property values declined by 3.8 per cent on average in the year to July, marking the weakest reading since July 2009.

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