Cost of living: House prices drop by 2.3% in a month – Halifax

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The mortgage lender says the annual rate of growth in property prices fell from 8.2% to 4.7%. …

Kim Kinnaird, director of Halifax Mortgages, said: “While a market slowdown was expected given the known economic headwinds – and following such extensive house price inflation over the last few years, this month’s fall reflects the worst of the market volatility over recent months.

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