1 Day
Source:
The Guardian
UK housing prices drop third month
UK house prices fell by 0.1% in May, marking the third consecutive monthly decrease, with the average home now valued at £298,806. Despite a slight annual increase of 0.5%, rising mortgage rates and geopolitical uncertainty have affected affordability and demand. Experts describe the market as favoring buyers amid stable prices, though activity among first-time buyers remains subdued.
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