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2012-08-01 — bloomberg.com
U.K. house prices recorded their biggest annual drop in three years in July as the economic slump worsened, Nationwide Building Society said.
Prices fell 2.6 percent from a year earlier, the most since August 2009, the Swindon, England-based lender said in an e- mailed report today. From the previous month, prices dropped 0.7 percent to an average 164,389 pounds ($257,800).
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