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UK house prices fall by 0.1 per cent amid uncertainties over Ukraine war and Trump tariff threats

The fall comes at a worrying time for a fragile housing market that faces stamp duty hikes being introduced by Chancellor Rachel Reeves next month.



UK house prices fell 0.1% in February amid uncertainty over the Ukraine war and potential Trump tariffs. This decline occurs as the housing market faces upcoming stamp duty hikes. The average house price is nearly £300,000, up 2.9% year-on-year. Experts anticipate continued, albeit slower, price rises due to housing supply shortages and sustained demand.

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