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Wednesday, August 14, 2019

House prices in south of England fall for first time since 2009

Brexit uncertainty takes toll but prices climb slowly in east Midlands and east of England

House prices have fallen across the south of England for the first time since the last recession in 2009, as Brexit uncertainty holds down the property market.

In a sign of falling prices in London spreading to other regions as the departure date from the EU draws near, the Office for National Statistics said the average cost of a home also fell in the south-east and south-west of England in the year to June.

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from Property | The Guardian https://ift.tt/2N1mf8U
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