The London Daily News
In what could signal the end of the so called property "bubble" the Halifax have just announced that house prices have slumped by 0.1 per cent in November, taking the average house price to £164,708.
Despite the slump in property prices, demand according to the Halifax has increased for the first time in four months as the price drops have lured back to the market.
The three months leading up to November were 0.7 per cent lower than a year earlier, the first annual decline since 2009. The month-on-month fall in November followed a record 3.7% fall in September and a 1.8% increase in October.
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