UK house prices post biggest fall since 2020 after mini-budget chaos – business live

UK house prices post biggest fall since 2020 after mini-budget chaos – business live - short news


Average UK house prices fell 1.4% in November, as “the fallout from the mini-budget continued to impact the market,” says Nationwide

Potential buyers are now haggling house price down, reports north London estate agent Jeremy Leaf.

‘Prices are softening but could have fallen further were it not for those two stalwarts –shortage of supply and strong employment, despite continuing concerns over the rising cost of living and particularly mortgage repayments.

‘The..


Read more on The Guardian

source: The Guardian - 01.12.2022

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