Country house buyers hold back in third summer of uncertainty
Exchanges are down 10%, buyer registrations are down 14%, and average prices have fallen by 5% in the last year, reports Knight Frank.
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Industry Reactions: UK house price growth slowed to 2% in June
But London’s rate of price decline eased again, prompting one buying agency to flag ‘increasing signs that prices have finally bottomed out’ in the capital.
Industry Reactions: Annual house price growth slows to 2.7%
Latest official data shows the national annual rate of property price inflation fell sharply in May. 'The market is holding steady rather than collapsing,' comments one London estate agent.
House price growth slows as transactions dwindle
Zoopla expects prices to continue falling in London and the South East through the rest of the year.
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