The Nationwide reported yesterday that house prices dropped 0.7% in October.  Bringing the 3 month decline to 1.5%.  On the upside, GDP has been better than expected so this will filter some confidence back into the market for 2011.

With new seller numbers outstripping new mortgage approvals by approximately 5:2, the second half of the year looks set to see prices drift back to where they were at the beginning of the year as buyers get the upper hand according to Rightmove.