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Average asking prices fell by more than £2,100 in June, marking the biggest drop for the month in 14 years as sellers responded to increased competition and a slower-moving market.
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House prices fell for a third consecutive month in May, according to the latest Halifax House Price Index, as higher mortgage costs and growing economic uncertainty continued to weigh on buyer demand.
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Property transactions in the UK – both residential and non-residential – increased in June 2025, according to the latest data from HM Revenue & Customs (HMRC).
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Average house price has risen nearly £50,000 since start of 2020, says Halifax.
Despite the recent dip in UK house prices, the average price of a home in this country is up almost £50,000 on average since the beginning of the pandemic.
According to Halifax, which carried out the research, it is the equivalent of a 20.4% rise on average, as the country approaches.....
