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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