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Prospective buyers in ‘wait and see’ mode as house prices continue to fall

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  • Prospective buyers in ‘wait and see’ mode as house prices continue to fall

    Housing intelligence firm, Hometrack, has revealed that house prices have fallen for the eight consecutive month.Average prices were down by 0.5% over the month of May, following a 0.6% fall in April. On a year-on-year basis, the annual rate of growth fell from 0.9% to -1.9%, its lowest level since November 2005 when it reached [...]

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