#houseprices

UK house prices fell 0.6% in October, the steepest monthly decline in over three years, according to Lloyds. The average home now costs 296,285 pounds, marking the fourth straight month of price drops. High mortgage rates continue to affect the housing market.

Would a further price drop make you more likely to buy a home now or wait?

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Source: The Guardian

UK house prices see sharpest monthly drop since 2023