4th September 2023
Property prices falling at fastest rate since 2009 but 'soft landing' is possible
House prices fell at their fastest rate since July 2009 last month, according to Nationwide.
The lender’s latest House Price Index shows average property values fell 5.3% annually during August to £259,153.
It is a steeper fall than the 3.8% decline registered in July 2023 and the figure is also down on a...