UK house prices fall 0.4% in first annual decline since 2023
UK house prices have recorded their first annual decline in almost three years, falling 0.4% year-on-year in August as higher mortgage rates and affordability constraints weigh on the market. The average property cost £298,468, with London and the south-east experiencing the steepest falls. The post
<p>UK house prices have recorded their first annual decline in almost three years, falling 0.4% year-on-year in August as higher mortgage rates and affordability constraints weigh on the market. The average property cost £298,468, with London and the south-east experiencing the steepest falls.
The post</p>