... based on the third successive fall in the Acadametrics index (based on completion prices following transactions in England and Wales). Prices - according to Acadametrics - fell 0.2% in May (prices even fell in London, by 0.1%). Transactions were down on the month too. Interestingly, though, despite the index's highly conservative recent monthly changes, its annual rate of inflation remains at a bunker-busting 9.7%. More here.

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