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Wales Online
Wales Online
National
Neil Shaw

DARK SECRETS: House prices fall at fastest rate in 12 years | Vintage Vibes

House prices fell at the fastest annual rate seen in 12 years in June, according to an index.

Halifax said the annual fall of 2.6%, equating to around £7,500 being wiped off the average UK house price in cash terms, was the biggest since 2011.

On a month-on-month basis, property values dipped for the third month in a row, with an average decline of 0.1% in June.

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