UK house prices fell for a fifth month in a row in July, the longest stretch of declines since the financial crisis.
Values fell 0.2 per cent from June, bringing the average price for a home down to 302,251 pounds ($386,000), Acadata said in a report Monday. London remains a “mixed picture,” with the number of sales in the second quarter falling by 7 per cent from a year earlier and prices declining in almost two-thirds of the capital’s boroughs.
The British housing market is…
Source : South China Morning Post
Read more…UK house prices are on the longest losing streak since the financial crisis