UK House Prices Experience First Decline in Nine Months, According to Halifax

In a notable shift in the UK housing market, house prices have fallen for the first time in nine months, as reported by Halifax. This unexpected drop comes against a backdrop of rising interest rates and a cost-of-living crisis that is squeezing potential buyers across the nation.

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UK House Prices Near All-Time Highs as 2024 Wraps Up

The UK housing market has shown remarkable resilience as it nears an all-time high by the end of 2024, according to recent reports. Despite facing various economic challenges throughout the year, including increases in interest rates and inflationary pressures, the average house price in the UK has surged close to record levels.

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