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House prices drop in December 8 January 2014 | By Laurna Robertson Print Email Share Comment Save The UK average house price dropped in December, by 0.6 per cent from the previous month, for the first time since January 2013. The figures, according to the Halifax House Price Index, put the average price in December 2013 as £173,467 down from £174,910 in November. However, from  December 2012 – December 2013 there was a 7.5 per cent increase in the average house price. There was also a 1.9 per cent increase quarterly from the previous three months. Martin Ellis, housing economist, said: ‘Mounting signs that the economic recovery is becoming firmly established, together with a predicted decline in unemployment, should further boost consumer confidence over the coming months. This will increase the likelihood that more people will consider buying a property in 2014, therefore supporting housing demand. ‘Nonetheless, continuing pressures on household...