UK house prices hit record high but cost of living crisis likely to cool market

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UK house prices hit record high but cost of living crisis likely to cool market
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Shortage of homes for sale and ‘race for space’ drove average cost to 282,753 in March, says Halifax

UK house prices hit a record of £282,753 in March but are likely to ease over the next year as homebuyers face higher interest rates and the cost of living squeeze, Halifax has said.

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