UK House Prices Post First Monthly Drop Since May, Halifax Says
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UK house prices fell from an all-time high in September, according to one of the country’s top mortgage lenders, suggesting fears of tax rises are dampening demand from prospective homebuyers.
The average price of a home declined 0.3% to £298,184 ($401,010), the first drop since May, Halifax said Tuesday. House values were up just 1.3% from a year earlier, the smallest annual gain since April 2024.
Source: Original