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Persimmon prices down 5%

York-based Persimmon has said average selling prices fell 5% to £181,485 during the first half of 2008.

The company said limited mortgage availability has hit homebuyer demand but said it is now "well-set" to weather tough market conditions.

Persimmon criticised speculation of a potential stamp-duty suspension saying the confusion could cause "delay and uncertainty" to the housing market.

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