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The national Chief Economist Martin said Gahbauer supply pressures began to facilitate and there is little to suggest the House price declines accelerate in the coming months.

Lender Mortgage of Nationwide November house price survey said that the average price of a property fell 0 3pc to month to ￡ 163,398, decreased slightly larger 0 2pc fall under analystes.Le annual growth rate fell to 0 4pc, its lowest since September 2009.

Much of the recent weakness in property values was motivated by a return of vendors on the market.

But the national Chief Economist Martin said Gahbauer supply pressures began to facilitate and there is little to suggest the House price declines accelerate in the coming months.

"There are early signs that the flow of goods on the market may be slow even as potential vendors comply with recent weakness in prices and decide against the commercialization of their properties at the current juncture,"he said.""

Mr. Gahbauer said that this could lead to a repetition of the end of 2008 and early 2009, when a similar behavior has resulted in a decrease in the quantity of goods on the market.

Weakness is also attributed to more buyers unable to obtain a mortgage loan, with house purchase activity significantly lower than the 1990s housing slump, mainly due to the global financial crisis.

"While in the 1990s, the number of mortgages originally subscribed for the purchase of the House saw a decline of unsustainable peaks, then settled close to the medium to long terme.Dans the current slowdown, house purchase approvals fell to an all-time low and are still 50% below the long-term average, said Mr. Gahbauer.

"A general conclusion can be drawn is that, while home prices have fallen so far less than at the beginning of the 1990s, house purchase activity decreased more".

Nationwide figures correspond with a lifeboat data showing property market rebound last year has invested in reverse as the British prepare for the toughest Government spending squeeze generations.

Banks, concerned about the escalation of the crisis of the debt of the euro area have also defuses all but the safest borrowers loans.

However, there was little evidence that price falls have been gathering momentum in the way they have done to recession 2008.Les three months on three-month rate of decline in reality at-1. 3pc-1. 5pc in October, the first improvement in this measure since June.

Meanwhile, prices of Atlantic, driver of the boom in us when they were on the rise, yet provide consumers with little incentive to spend.

That price through 20 major metropolitan areas decreased by 0 8pc in September compared with August, based on the index of s/case-Shiller Standard & Poor more récente.Prix declined in 18 of the 20 cities américaines.Et although the investigation has shown that prices are up to 0.6 pc compared to last year, few are waiting at a rally hard.

The investigation "" suggests more pressure downward market logement.Pas necessarily great price decreases, but still significant, "said Cary Leahy Decision Economics in New York."

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