Apr 30: UK house prices suffer annual fall

Name: Apr 30: UK house prices suffer annual fall
Uploaded: 2008-04-30T09:58:21.000Z
Duration: PTNaNMNaNS
Channel: Financial Times
Description: First year-on-year fall for 12 years, according to Nationwide

Apr 30: House prices fell for a sixth consecutive month in April and are now lower than they were a year ago - the first annual decline in 12 years - according to the Nationwide index of house prices. Chris Giles, economics editor, talks to Daniel Garrahan about how the situation differs from the late 1980s and early 1990s and the implications for further interest rate cuts.