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The current downturn in the UK property market creates a difficult environment for both buyers and sellers. With housing values falling at their quickest rate in 12 years, potential investors and homeowners are concerned. The annual reduction of 2.6% has taken out an average of £7,500 from property prices, marking the biggest significant drop since 2011. As purchasers face uncertainty, the market has undergone a cooling trend, with June prices showing a 0.1% decrease. In this environment of shifting pricing and economic instability, industry professionals, including Manchester estate agents, are actively monitoring the situation to understand the underlying elements causing…