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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: House prices in biggest fall since 2008, oil near $80

United States Oil Halifax

The average house price slid 2.3% in November, the largest monthly drop recorded by lender Halifax since October 2008.

The decline, which follows the mortgage market volatility seen in the wake of the mini budget, reduces the annual rate of house price growth to 4.7% from 8.2% the previous month.

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