Property News · July 16, 2018

UK house prices fall for first time in seven months, with London hit harder than other areas


UK house prices on Monday fell for the first time in seven months, as sellers adapted to the reality of a weaker market.
Asking prices slipped by 0.1 per cent in July from a month earlier, property website Rightmove said on Monday. In London, prices slipped by 0.5 per cent, with smaller apartments falling faster than bigger homes.
The reduction in asking prices can “be a sign of a falling market”, Rightmove director Miles Shipside said. “With more price reductions at this time…

Source : South China Morning Post
Read more…UK house prices fall for first time in seven months, with London hit harder than other areas

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