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We are back to April 2004 on house prices, says Halifax

We are back to April 2004 on house prices, says Halifax

The Halifax house price index showed a further 1.7% fall in April dragging the cost of an average home down to £154,716 on the seasonally adjusted measure. The last time prices were that low was in April 2004 and Halifax puts average prices at about 23% lower than at the peak of August 2007.

Halifax figures dampen hopes of spring bounce in house prices

Halifax figures dampen hopes of spring bounce in house prices

The Nationwide figures published yesterday provided some cheer for those selling homes with the announcement of a 0.9% rise in its house price index for March. That hope has been rather squashed with the Halifax today releasing figures suggesting the price of an average home fell in the month by 1.9%. What does it all mean?