Lowest October Rise In UK House Prices Since 2008 Financial Crisis

UK house prices have registered their lowest October rise since the 2008 financial crisis as Brexit uncertainty continues to take its toll, according to the property website Rightmove. Its data also showed that some parts of London are continuing to see asking prices fall, in some cases by £15,000 or more in a month. The price of property coming to market at this time of year usually experiences an “autumn bounce,” with an average rise of 1.6% recorded in the month of October over the last 10 years – but this year saw a “more sluggish” monthly rise of 0.6%, which was the lowest since October 2008. Read more on the Guardian website.

https://www.theguardian.com/business/2019/oct/21/lowest-october-rise-in-uk-house-prices-since-2008-financial-crisis