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UK house prices drop for first time this year, says Rightmove

Experts blame 1.3% average fall on summer distractions rather than economic factors

UK house prices have fallen for the first time this year but experts say summer distractions rather than deteriorating economic conditions are to blame.

Figures released by Rightmove show that the average price of a UK property dropped to £365,173 in August, marking a 1.3%, or £4,795, decline.

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