House prices fell by 2.3% in November, marking the biggest monthly drop since the beginning of the financial crash in 2008.
The fall is the third in a row and means since October the average house price has fallen by over £7,000.
#uk #housingmarket
https://www.gbnews.uk/money/house-prices-drop-7000-in-one-month-property-market-crash-in-2023-now-inevitable/402817
The fall is the third in a row and means since October the average house price has fallen by over £7,000.
#uk #housingmarket
https://www.gbnews.uk/money/house-prices-drop-7000-in-one-month-property-market-crash-in-2023-now-inevitable/402817
www.gbnews.uk
House prices drop £7,000 in ONE month: Property market crash in 2023 now 'inevitable'
The annual rate of house price growth slowed to 4.7%, from 8.2% in October, Halifax said.