Monday, July 18, 2011

Ouse prices fall in London and UK

House prices fall in London and rest of UK

Prices fell 1.6 per cent across the UK in July, with even London’s houses experiencing a 1.4 per cent dip, the figures showed. In June, the average residential property in the capital hit an all time asking price high of £438,622. Yet this month almost £6,000 has been shed from the average asking price, as summer sellers are forced to attract the attention of “holiday-distracted” buyers. Despite the fall in July, London’s prices remain 5.8 per cent higher for the year so far.

Posted by warren @ 10:39 AM (699 views)
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