House prices slump to seven-year low

House prices slump to seven-year low

The value of the average UK home grew by just 0.7 per cent in the last year as homeowners and house hunters faced with economic and political uncertainty stepped back from the market.

With the average home now worth £233,000, the latest government data shows the latest slump follows three years of “general slowdown” since the Brexit referendum, driven mainly by a fall in property values in the…

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