It's official: the housing bubble has popped

Nationwide announced today that house prices registered their biggest fall in 12 years this month, whilst the BoE revealed a slump in mortgage approvals. It looks like the housing boom is over...

It looks like it really is the beginning of the end for Britain's decade-long housing boom.

Figures released by Nationwide this morning revealed that house prices suffered their biggest monthly fall in twelve years between October and November.

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