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House prices experience first double digit fall since 1983

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  • House prices experience first double digit fall since 1983

    According to the Halifax, UK house prices fell 1.8% in August compared with July. Furthermore, according to the lender, the annual fall of 10.9% in August was the first double digit drop since 1983. However, comparing the average price for August alone, there was a 12.7% decline from £199,612 in August last year to £174,178 in [...]

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