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UK house asking prices fell 1.2% in July, marking the steepest drop in over 20 years.
UK house asking prices saw their steepest monthly drop in over 20 years in July, falling 1.2% to £373,709.
Rightmove reported London experienced the biggest decline at 1.5%, while the northeast of England saw a 1.2% increase.
Despite the price drop, sales are 5% higher and buyer enquiries are up 6% compared to last year.
Rightmove revised its 2025 price growth forecast from 4% to 2%, citing high inventory levels and constrained seller pricing.
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Los precios de la vivienda en el Reino Unido cayeron un 1,2% en julio, marcando la caída más pronunciada en más de 20 años.