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Friday, March 29, 2019

House prices in England fall for first time since 2012

Slide driven by London and south-east slowdown as Brexit chaos seems to put off buyers

House prices fell in England for the first time in seven years in the first three months of 2019, dragged lower by the traditional property hotspots of London and the south-east in a sign that Brexit turmoil is putting off buyers.

Prices fell 0.7% in the first quarter, compared with the same period in 2018, taking the average price of a home in England down to £255,683, according to the mortgage lender Nationwide.

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from Property | The Guardian https://ift.tt/2Owvqgl
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