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Day: 16 August 2023

House prices will eventually start to fall, as long as owners accept their new reality

Economic news has had few moments of optimism lately: living standards are being squeezed and the overall level of economic activity, as measured by GDP, remains lower than it was in the second half of 2019. Yet house prices are holding up well. In the year to May 2023 average house prices are estimated to […]

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