UK house prices have declined for the fourth time in five months, according to an annual price index.
Home prices are now 2.6% lower than were a year ago, according to the Nationwide house price index.
It said that the price of a typical residence in the UK fell by 0.7% in July alone.
The average home in July was worth £164,389, down from £165,738 in June.
June house prices were also 1.5% down on the same period last year - now some 13% below their 2007 peak.
Nationwide chief economist Robert Gardner said: "The weaker price trend observed in recent quarters is unsurprising, given the disappointing performance of the wider economy."