LONDON (Reuters) - House prices fell for a fourth month running in February to post the lowest annual rate of inflation in more than two years, the Nationwide Building Society said on Friday.
It said house prices fell 0.5 percent on the month in February after a downwardly revised 0.3 percent fall in January. Analysts polled by Reuters had forecast a flat reading on the month.
Annual house price inflation fell to 2.7 percent — its lowest since November 2005 — from 4.2 percent in January.
“The trend in prices is clearly weakening, but the size of the drop …
