Pursuits
U.K. House Prices Fall for Second Month Amid Pinch on Consumers
- April’s 0.4% monthly decline is the biggest since 2012
- Nationwide says may be sign of deeper consumer weakness
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U.K. house prices fell for a second month in April, adding to signs of consumer weakness, according to Nationwide Building Society.
The 0.4 percent decline, the biggest since 2012, followed a 0.3 percent fall in March. It reduced annual growth to 2.6 percent, the weakest since June 2013, the lender said in a report on Friday.