House prices fell for a 10th straight month in July to stand 4.4 percent lower on the year, a survey by property consultants Hometrack showed on Monday.
That was the biggest annual fall since the survey began in 2001. Prices were 1.2 percent lower on the month.
"Indicators of market activity across the housing market remain weak with the survey highlighting a 20 percent drop in demand over the last three months," said Richard Donnell, Hometrack's director of research.
The survey also showed properties were on average taking 11 weeks to sell, up from 6.5 weeks in June 2007.
The proportion of the asking price being achieved fell to 90.9 percent from 91.6 percent, the lowest level since the survey began.
News
Russia and Ukraine agree to temporary Orthodox Easter truce
In the Orthodox calendar, Easter falls one week after the date celebrated in western Europe.
Bishop urges people of Britain to stand up for Christian truth
It follows an earlier open letter addressed to King Charles, calling upon him to defend Christianity in line with his titles of Supreme Governor of the Church of England and "Defender of the Faith".
Fundraising Regulator reminds churches that collections are subject to code of practice
Churches can breach the code even when acting in good faith.
Religion is often left unspoken in the workplace despite widespread faith identity, research finds
Fifteen per cent of UK employees with a faith say they have experienced religious discrimination in the workplace.