Summary
HOUSE prices fell by 0.1% during July as rising interest rate rises took their toll on the property market, figures show today.
Property website Hometrack said the average price of a house in England and Wales slipped by (pounds) 200 to (pounds) 152,300 during the month as buyers took heed of the rising cost of borrowing and warnings from the Bank of England.See the full content of this document
Extract
House Prices Show a Fall As Higher Interest Rates Take Toll
Monthly rises in house price growth have been falling stead...
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