House prices recorded the biggest monthly fall in October since early 2021, according to the latest Halifax index.
The average property value fell by 0.4%, marking the third month-on-month drop seen in the past four months. This decrease follows monthly falls of 0.1% in both July and September and a 0.3% increase in August.
Annual house price growth slowed to 8.3% in October, from 9.8% growth recorded in September.