2012-10-29bloomberg.com

U.K. house prices fell for a fourth month in October and a property-market recovery is unlikely without sustained economic growth, Hometrack Ltd. said.

Prices declined 0.1 percent from September and 0.4 percent from a year earlier, the London-based property research group said in an e-mailed statement today. The annual decline was the smallest in two years. Sales jumped 9.2 percent as prices of old housing stock were lowered


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