Prices fell for seventh month in a row in March

for sale

Annual house price fall of more than 3% is biggest for 14 years says Nationwide

House prices fell by 0.8% in March and have now dropped by the largest amount year-on-year for more than a decade, according to Nationwide.

The mortgage lender said house prices were down 3.1% year-on-year, the biggest fall since July 2009, with all regions seeing slowing price growth.

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