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annual fall

House prices slip 1.4%

by Gill Montia.

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UK house prices fell 1.4% in April, compared with March, Halifax has reported. Using the more reliable three-month-on-three-month measure, prices were 1.2% down on the previous quarter, having seen modest declines since mid-2010. The average property lost 3.7% of its value in the year to end-April, marking the biggest annual fall since October 2009. While [...]

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