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British house prices ease in April

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By Abdul Ahad
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LONDON: British house prices dipped 0.2 percent in April from March, a key survey by home-loans provider Nationwide showed on Wednesday.

"The price of a typical house fell by 0.2 percent in April, which left prices 1.3 percent lower than the same period of 2010," Nationwide's chief economist Robert Gardner said in a statement.

The average value of a home in Britain stood at £165,609 (184,035 euros, $272,848) in April, according to Nationwide.

Copyright AFP (Agence France-Presse), 2011

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