The Trader 

Market Outlook: Rightmove slips in July

The Trader

UK house price data for the month to July from Rightmove show that nationwide prices slipped by 0.1 per cent since June, annualised growth of 1.4 per cent, and London’s slump deepening with a loss of 0.5 per cent in the period.  Hardest hit were properties with less than three bedrooms which were down by £18,000 in July.  This backs up earlier data from the Royal Institution of Chartered Surveyors where surveyors have seen a decrease in house sales for 16 consecutive months.

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