Lloyds improves forecast for 2023 house price falls

lloyds bank shutterstock_1411212932

UK bank says it now expects prices to fall by just under 7% this year

UK mortgage lender Lloyds has reined in its expectations for house price falls this year in the wake of the stabilising mortgage market.

However, the owner of the Halifax said yesterday that it still expects average prices to fall by nearly 7% this year.

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