Annual house price growth slows to six year low

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Annual house price growth in the UK has slowed to 0.3%, according to the latest survey from the Halifax.

The average house price stood at £224,578 in November, compared to £224,540 last December. A more concerning trend for homeowners will be the 1.1% fall in prices in the three months to November, and a 1.4% drop from October to November.

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