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Land Registry Suggests House Prices May Be Bottoming Out - The Times June 09

House prices fell by the smallest monthly amount in almost a year in April, down by 0.3 per cent according to official figures published yesterday.

The latest data from the Land Registry offers further evidence that the housing market has begun to stabilise and comes days after Nationwide published figures that showed the price of properties bought by its mortgage customers had risen by 1.2 per cent in May. Separate data from Hometrack, using valuations from surveyors, found that prices stayed the same last month.