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Evening Standard

Business

Vicky Shaw

Average UK house price sees sharpest monthly fall since February last year

United Kingdom Halifax Kim Kinnaird Halifax Mortgages

House prices recorded the biggest monthly fall in October since early 2021, according to Halifax (David Cheskin/PA) (Picture: PA Wire)

House prices recorded the biggest monthly fall in October since early 2021, according to an index by Halifax.

The average property value fell by 0.4 per cent, marking the third month-on-month drop seen in the past four months.

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