Halifax predicts further price falls but notes better outlook

May 7, 2009
House prices have fallen once more and will continue to fall, according to Halifax and its house price index. The index showed that the average UK house price dipped 1.7% to £154,511 in April, matching the average price of homes in April 2004. The drop was a slight improvement on March’s 1.9% decline. But Halifax’s housing economist Martin Ellis commented: …

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