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UK house prices suffer sharpest fall in 14 years


Halifax says prices fell by 4.6% as high interest rates dents homebuyer demandBusiness live – news updates UK house prices suffered their sharpest annual drop in 14 years, as the seasonal summer slump and high mortgage costs dragged on sales.Data released by Halifax, Britain’s biggest mortgage lender, said on Thursday that prices fell by 4.6% in August, marking the biggest year-on-year decrease since 2009. Continue reading…

Source : theguardian.com
Read more…UK house prices suffer sharpest fall in 14 years

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