House prices down by 0.9%, says Halifax
House prices fell... to end up almost 1% below the level they were at this time last year, the UK's biggest mortgage lender said today.
Halifax's figures show more than £8,000 has been wiped off the average price of a home in the UK since the start of the year.
The lender said a squeeze on spending...and a decline in "real" earnings over the past year were among the factors behind the first year-on-year fall in prices since February 1996.
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