Rat and Mouse
Thu
05
Mar
Market report - it's Halifax time

It's a 2.3% fall in February - a big monthly movement - leaving the annual figure down 17.8%, and 19.7% off their 2007 peak. Remember, though, that this time last month, we were looking at a rise of 2%. Interestingly, the average-price-to-income ratio is down to 4.4... not too far off the long term average of 4.

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