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For the second consecutive month, the annual house price growth in the UK remained at 3.8%, the same level reported in March. The Halifax House Price Index today identified a slowdown in the market; further confirmed by the first quarterly decline in over four years. In the three months to April, prices were 0.2% below those of the previous quarter. This is the first quarterly decline since November 2012. On a month-by-month basis, house prices fell by 0.1%, with the average cost of a property now £219,649. Supply The number of new properties coming on to the market continues to pose […]
