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  • UK house prices are "stagnating"

UK house prices are "stagnating"

byTrevor Hames

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UK house prices are "stagnating" and have actually fallen in the last three months, according to the Halifax.

In the three months to April, prices fell by 0.2% - the first quarterly fall since November 2012.
Over the past month alone, prices fell by 0.1%, the Halifax said.

However, for the year to April, prices rose by 3.8%, the same figure as in March. It leaves the average cost of a house or flat at £219,64

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