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World

What would it take for house prices to crash?

20 April 2023

12:28 AM

20 April 2023

12:28 AM

Just what would it take to induce a housing price crash in Britain? Evidently, more than a Bank of England base rate of 4.25 per cent combined with a cost of living crisis.

The Office for National Statistics’ House Price Index – the most comprehensive of the house pries indices – shows that prices fell in February by 0.3

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