UK House Prices Fell Sharply in December

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The average house price in the U.K. fell 1.9% in the month to Dec. 2, the largest fall for this period for more than 20 years, according to new data from Rightmove.

The average price of property coming to the market fell on month to 355,177 pounds ($447,345), a bigger fall than the usual seasonal slip of 1.5%, the online property portal said Monday.

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