Article 6XSRE UK house prices fall by more than expected amid economic uncertainty

UK house prices fall by more than expected amid economic uncertainty

by
Mark Sweney
from World news | The Guardian on (#6XSRE)

Average property price drops 0.4% month on month in May to 296,648, Halifax says

UK house prices suffered a steeper than expected fall last month and the biggest quarterly drop in value in almost a year, as economic uncertainty continued to affect the property market.

The average property price fell by 0.4% month on month in May to 296,648, a much steeper fall than the 0.1% decline City economists had expected.

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