(Bloomberg) -- U.K. house prices fell the most in more than a decade last month as the coronavius lockdown shuttered the housing market, according to Nationwide Building Society.

Values dropped 1.7% from April, the biggest decline since February 2009, the mortgage lender said Tuesday. From a year earlier, prices rose 1.8%, half the annual pace posted in April.

The lockdown has put a freeze most of the U.K. economy, including the property market, as restrictions on socializing and movement prevent viewings. Prices may bounce back later this year amid pent-up demand.

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