Average house prices fell 15.9 per cent in 2008, according to the Nationwide index.
It was the biggest drop in more than 50 years of the building society data being published.
UK
House prices down 15.9% on a year ago
By Norma Cohen, Economics Correspondent
Published: January 6 2009 08:16 | Last updated: January 7 2009 03:34
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