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UK House Prices in Sharpest Drop Since May, Nationwide Says
Source: Bloomberg
Housing & Real EstateInterest Rates & YieldsConsumer Demand & Retail
UK house prices fell at their fastest pace since May, according to a major mortgage lender, as a surge in borrowing costs deterred prospective buyers. The decline signals weakening housing demand and increased pressure on the UK residential-property market from elevated mortgage rates.
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