House prices have fallen for a fifth consecutive month, and by more than economists were expecting.
The average price of a house in the UK fell by 0.6% in January compared with December, down to £258,297, according to Nationwide. Prices are now 3% below the summer peak.
It is the longest period of successive falls since February 2009.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
