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BBC News - House prices: Continued decline, says Land Registry

House prices continued to slide in October in England and Wales, according to the latest statistics from the Land Registry.

Prices fell by 0.8% compared with the previous month, leaving the average property valued at £165,505, it said.

Only London and the East of England registered property price rises compared with September.

The biggest fall was in Yorkshire and the Humber, where a 1.8% drop pushed down the average price to £126,292.

This was the second month in a row that month-on-month prices had dipped into negative territory on average across England and Wales, the Land Registry's figures show.



The baby boomers must protect their house prices.