British house prices slide in October: survey
British home prices fell 0.7 percent in October from the previous month, as buyers continued to shun the property market, a key survey by home-loans provider Nationwide showed on Thursday.
"October saw a continuation of the modest downward trend in house prices that began at the start of the summer," Nationwide's chief economist Martin Gahbauer said in a statement.
House prices were flat in September, but fell by 0.9 percent in August and by 0.5 percent in July, according to Nationwide.
The average value of a home in Britain stood at 164,381 pounds (187,661 euros, 259,304 dollars) in October, it added.
© 2010 AFP