A post by @FirstSquawk on X.

UK homeowners have seen average property values fall by almost £63,000 in real terms over the past five years, according to The Telegraph. The decline reflects inflation-adjusted losses rather than a drop in nominal asking prices, underscoring how rising living costs have eroded housing wealth. The figure matters because property is the largest asset for most UK households, so real-terms erosion can weigh on consumer confidence and spending. Watch next for official house price indices and inflation data to see whether real values continue to slide or stabilize.