UK house prices have continued to slip, falling by 1.3% in December from the previous month, the Halifax has said.
The lender, part of Lloyds Banking Group, said it meant the average property ended the year 1.6% cheaper than at the beginning of 2010.
But it said the decline was less than falls seen in the second half of 2008.
Halifax said it expected "limited movement in house prices during 2011" as interest rates were "likely to remain very low for some time".
It said that signs of a reluctance to sell from some homeowners could halt the decline in prices.
The average UK house price now stands at £162,435, Halifax said.Google+