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There is a pause in property price falls as we enter a period of greater stability, report Savills UK.

House prices saw no change in September compared to August, retaining an annual fall of -5.3% nationally. Further price adjustments are expected over the coming months, but the medium term economic outlook has improved, and lenders have further decreased mortgage rates as they become more competitive over pricing.

Read Savills full UK Housing Market Update for 2023 here. 

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