FT.Com: House prices fall for 16th month House prices fell for the 16th month in a row in October according to Hometrack, the property website. The average house price slipped 0.1 per cent to £160,700, compared with a peak of £167,700 in June 2004. Prices have now fallen by 3.5 per cent in the past 12 months. However, although prices continued to drop there was a pick-up in activity in October.
