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flag UK house asking prices fell 1.2% in July, marking the steepest drop in over 20 years.

flag UK house asking prices saw their steepest monthly drop in over 20 years in July, falling 1.2% to £373,709. flag Rightmove reported London experienced the biggest decline at 1.5%, while the northeast of England saw a 1.2% increase. flag Despite the price drop, sales are 5% higher and buyer enquiries are up 6% compared to last year. flag Rightmove revised its 2025 price growth forecast from 4% to 2%, citing high inventory levels and constrained seller pricing.

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