London house prices record annual fall for first time in 18 months

London house prices record annual fall for first time in 18 months

Budget uncertainty and a glut of supply caused house prices in London and the south to record an annual for the first time since last spring, according to new data. London house prices fell 0.1 per cent year on year, while prices in the south east and the south west fell by 0.1 per cent [...]

Zoopla says Budget tax speculation triggered fall in buyer demand and southern house prices

Zoopla’s latest House Price Index shows that speculation around property tax changes in the run-up to the Budget led to a notable drop in buyer demand and sales agreed across the country. The uncertainty resulted in a 12% fall in demand in the four weeks to 23rd November compared with the same period last year, with house prices declining year on year in London and the wider south for the first time in 18 months. The data shows house prices fell…

House prices fall for the first time in 18 months across southern England

House prices fall for the first time in 18 months across southern England - Breaking news for estate agents and the residential property industry. Independent, unbiased, and factual reporting. A forum for discussion and debate of topics of the day. Subscribe for our free daily newsletter.

London house prices record annual fall for first time in 18 months

Budget uncertainty and a glut of supply caused house prices in London and the south to record an annual for the first time since last spring, according to new data. London house prices fell 0.1 per cent year on year, while prices in the south east and the south west fell by 0.1 per cent 0.2 per cent, respectively, according to Zoopla. The property platform found that “Budget speculation around property taxes has contributed to a drop in home buy…