UK House Prices Are On The Longest Losing Streak Since Crisis

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 to £302,251. 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 housing market is weakening after a three-decade boom amid slower economic growth, uncertainty created by Brexit and inflation outpacing wage growth over much of the past year. Read more on the Business Times website.

https://www.businesstimes.com.sg/real-estate/uk-house-prices-are-on-the-longest-losing-streak-since-crisis