UK house prices fell for the sixth straight month in September as higher interest rates weighed on mortgage affordability, survey data from the Lloyds Bank subsidiary Halifax and S&P Global showed Friday.
House prices slid 0.4 percent on a monthly basis in September. This was the sixth straight month of decline but markedly slower than the 1.8 percent fall in August. Prices were forecast to decrease 0.8 percent.
A typical UK home costs GBP 278,601, a similar level was last seen in early 2022.
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by Renju Jaya
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