UK residential property prices in the three months to November were 0.6% lower than in the preceding quarter and down 0.9% on a monthly basis according to the latest figures to be published today (Tuesday 06 December). The data from the Halifax shows that the underlying market trend was negative for the second successive month following three consecutive increases. There has been an even split of monthly price rises and falls this year with five of each and one month of no change. The average UK house price is now £161,731 on a seasonally adjusted basis. Annually they are down 1% which … [Read more...]
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