The June report from Nationwide is out at last and shows further falls in house prices.
The full report is here
I have commented on the report later in this post, but first here is Financial Planner from housepricecrash.co.uk on BBC breakfast talking to Declan.
House prices were down 0.9% in the month, down 6.3% over the last year and down 7.3% since the market peaked in september. The data continues to show a weakening housing market. The report mentions housing transaction levels are key to house price movements and as transactions are now the lowest ever recorded, this points to a still further deterioration in house prices.