House prices are falling at exactly the same rate as they did during the financial crisis, new figures have shown.
The numbers, provided by The Telegraph’s new house price tracker, raise the question of whether falls will continue on the same trajectory, falling by as much as 20pc as in 2008, or whether recent drops will level off.
The Telegraph has analysed data from lenders Nationwide and Halifax to chart how far prices have fallen against the housing crash of 2008.