Halifax reports sharp drop in prices

July 7, 2006
House prices saw the worst dip in five and a half years according to figures from the Halifax. Prices fell 1.2% last month, the worst figure since October 2000 and after a 0.1% drop in May. However, this comes after a 2% rise in prices in April, meaning that prices were still up 0.6% over the quarter Meanwhile the Bank …

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