Average price fell by 0.5% in March to £296,699, the steepest decline since March last year, Halifax says

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UK house prices have suffered their steepest decline in a year as the market cools after a buyer rush to beat changes to stamp duty changes in England and Northern Ireland.

The average price of a property fell by 0.5% last month to £296,699, the steepest decline in value since March last year, according to Halifax.

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