Decline in July is fourth monthly fall in a row with prices dropping by 2.4% on an annual basis, says lenderThe average UK house price has fallen for the fourth month in a row, according to Halifax, which says higher borrowing costs are increasingly pushing first-time buyers to switch to smaller homes.The average UK house price fell by 0.3% in July, its monthly index showed, with the typical UK home costing £285,044, compared with a peak of £293,992 last August. Continue reading…
Source : theguardian.com
Read more…UK house prices drop again as Halifax says first-time buyers are switching to smaller homes
