House prices 'fell 1.7% in July'

The lender said prices fell another 1.7% last month, taking the annual rate of decline up from 6.1% to 8.8%.

For information about elastic tapes and related products http://www.elastic-tapes.com/elastic-tapes.html.

The Halifax said this took the average house price down to £177,351, the value last seen in June 2006. The bank said demand from home buyers had been "significantly curbed" by the lack of mortgage funds, high prices and the squeeze on household finances.

Full Story: House prices 'fell 1.7% in July'

Click here for information on elastic tapes manufacturers.