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U.K. House Prices Posted First Annual Drop Since 1996 (Update2) (Bloomberg.com) U.K. House Prices Posted First Annual Drop Since 1996 (Update2) (Bloomberg.com)
May 2 (Bloomberg) -- U.K. house prices fell in April from a year earlier, the first annual decline since 1996, after the credit market squeeze prompted mortgage lenders to raise interest rates, a HBOS Plc report showed.

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