House prices have fallen for the second month in a row, according to Nationwide – following wider predictions of a 9 per cent fall in the market. Nationwide’s house price index fell 1.4 per cent last month after falling 0.9 per cent the month before. That’s still up 4.4 per cent year-on-year but (pandemic excluded) it’s the first significant drop in property prices since the 2008 crash.