UK house prices 'fell in October'
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UK house prices fall by 0.4% in October, the Nationwide building society says, the biggest decline since February 2001.
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The average price of houses in England and Wales has fallen by nearly Â£4,000 in five weeks, new figures suggest.
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Signs of a housing slowdown are now beginning to surface across the UK as a fall in the number of new buyers has now created a surplus of properties, suggests the latest Hometrack house price survey.
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Pending sales of existing U.S. homes fell 1.7 percent in October but held above the low hit in July, suggesting the housing market is stabilizing, a real estate trade association said on Monday.
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House prices dropped by 1.1% in October as the property market continues to weaken, according to the Halifax monthly house price index report.
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HOUSE prices have shown their largest decline in four years, according to figures out yesterday. The data came as the Bank of England announced that its interest rates would stay at 4.75 per cent.
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Orders from UK manufacturers are down in October, says the Confederation of British Industry.
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Property prices are falling at rates not seen since the 1990s housing recession, surveyors warn.
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Consumer prices unexpectedly dipped  0.1 percent last month, government data on Wednesday showed,  the first decline since October as energy prices fell, but core  inflation rose as expected.
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Price drops and declining sales in the Massachusetts housing market moderated in October, two housing reports showed yesterday, suggesting that the monthslong slump in the real estate market may be nearing its end.
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Alan Budd: I don't know how far house prices will fall and I was wrong to have predicted a fall earlier. A fall of more than 10 % would not surprise me at all. The rise in house prices appeared to have little or no effect on the UK economy and the fall may be the same. However there could be effects on borrowing (because of falls in collateral values) and wider loss of consumer confidence. That is why I have mentioned falls in asset values as one of the risks.
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Sales of existing homes edged down 0.1 percent in October, but low mortgage rates continued to contribute toward what might become a record year in home sales, a trade association report showed on Tuesday.
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The price of existing homes sold in October fell for the third straight month and posted the biggest drop on record, an industry group said Tuesday, adding it expects weakness in pricing to drag on into next year.
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UK house prices rose by 0.8% in January,  the Halifax says, but the annual rate of increase falls to its lowest rate since December 2001.
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Britain's manufacturing output has dropped 0.4 percent in October from the previous month.
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UK house prices fell by 1.1% in October, confirming a softening of the housing market, Halifax has said. The UK&#39;s biggest mortgage lender said prices rose 18.
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House prices in Britain fell at their steepest pace in nine years in the three months to September,adding to evidence that the property market is cooling and decreasing the possibility