House prices down 3.4 percent in Aug

Tue Oct 14, 2008 10:13am BST
 
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LONDON (Reuters) - House prices fell an annual 3.4 percent in August after a 0.3 percent annual fall in July, the Department for Communities and Local Government said on Tuesday.

Between July and August, prices fell by 2.7 percent.

The average house price stood at 211,410 pounds in August, the government said.

 
Anthony Bolton, president for investments at Fidelity International, an affiliate of Boston-based Fidelity Investments, the world's biggest mutual fund firm, listens to a reporter's question during a news conference in Seoul October 21, 2009.   REUTERS/Lee Jae-Won
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