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Old 01-02-2009, 04:18 PM
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Post Halifax records 16.2% fall in house prices

The Halifax house price index shows the average cost of a UK home sliding a further 2.2% in December.The annual decline now stands at 16.2% taking the average price of a property down to £159,896, compared with £197,074 at the beginning of 2008. The analysis is based on three-month figures but a month-on-month comparison shows [...]

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