Property News · September 29, 2017

London house prices fall for first time in eight years as rest of UK rises


Average price of home in capital is £471,761, down 0.6% between July and September compared with same period last yearLondon house prices fell for the first time year-on-year since the height of the financial crisis, underperforming the rest of the UK, Nationwide has said.The average price of a home in the capital is £471,761, down by 0.6% between July and September compared with the same period last year. It was the worst performance since the third quarter of 2009, when the UK economy was dealing with the aftershocks of the near-collapse of the global banking system. Continue reading…

Source : theguardian.com
Read more…London house prices fall for first time in eight years as rest of UK rises