13 May 2018
According to the Halifax, the UK experienced its largest price fall since 2010 during the month of April.
Between March and April, UK house prices fell by 1.3%, which is the biggest monthly decline since September 2010.
Early signs of the slowdown were evident earleir in the year with a decrease in mortgage approvals, and house sales.
The UK average house price now stands at £220,952.
Halifax still predict overall price growth for the year, even with the figures in April.