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By Laura McGuire House prices are expected to fall by two per cent next year, according to the latest reading from Zoopla, as the hangover from high mortgages appears to be dragging into next year. While slipping house prices can often be an indicator of poor economic health, house prices still remain around £40k above pre-pandemic levels. The property portal said that housing affordability needs to improve next year to entice buyers back to the market. While UK house prices have fallen less than what the market expected over the year, five per cent mortgage rates have limited housing affordab…

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