It's the one the spread-betters and other gamblers go by, and it's reporting a 1.3% fall in April, knocking 4.2% off the value of the average home since the beginning of the year. Significantly, it's the latest in a series of indices that put the annual inflation figure in the red. According to Halifax, it's a 0.9% fall April-to-April. Read the actual release (in pdf) here.

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