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House price decline slows

The pace of decline of UK house prices slowed between October and November, a survey from building society Nationwide showed yesterday, but experts did not believe this represented the start of a bottoming-out of the residential property market given the dire economic backdrop.

The pace of decline of UK house prices slowed between October and November, a survey from building society Nationwide showed yesterday, but experts did not believe this represented the start of a bottoming-out of the residential property market given the dire economic backdrop.