
British house prices unexpectedly fell in August as buyers struggled to afford high valuations, mortgage lender Nationwide Building Society said on Monday.
Property prices slipped by 0.1 per cent last month from July, Nationwide said, the third month-on-month fall since April when a tax break expired for buyers of many lower-value homes.
Compared with 12 months earlier, prices in August were up by 2.1 per cent, the joint weakest rate