House Price Fall

Published: 11 May 2018

UK house prices fall sharply in September amid Brexit wariness. The Guardian reports the "drop is fastest in six months as number of homes for sale in 2018 dips to a decade low. UK house prices unexpectedly dropped at the fastest pace for almost six months in September, according to Halifax, as the number of homes for sale in 2018 fell to a decade low. Britain’s biggest mortgage lender said the average price of a home in Britain dropped to £225,995 last month, down 1.4% from the level recorded in August. The price of a home remained 2.5% higher than a year ago. City economists had forecast month-on-month growth of 0.2% in September." Read more