The Tinsa property price index for October shows that average prices fell by 7.4% over the last 12 months. That’s the smallest fall in a year. Peak to present prices are down just 13.5%.

Even property on the coast showed a marked improvement, with year-on-year prices down just 9.9%, the first time the fall was not in double digits since November last year.

Tinsa price index over 12 months, selected regions