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UK house prices go into reverse

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MongiIG

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The Halifax House Price Index fell 0.1% month-on-month in September. August prices rose to a record high, up 0.4% month-on-month, but July was the first month to see a negative swing.

As IGTV’s Jeremy Naylor explains it’s all about rising mortgage rates and a loss of affordability at current price levels.

 

 

 

 

 

 

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