U.K. house prices fell for a third month in September on weakening demand that may continue to weigh on property values, Hometrack Ltd. said.
U.K. house prices dropped for a seventh month in November and the pace of decline may accelerate as weak consumer confidence erodes demand, property researcher Hometrack Ltd. said.
U.K. house prices increased in April for a 15th month as the momentum in the property market spread beyond London, Hometrack Ltd. said.
"Weaker demand is behind the slowdown in London, a trend that has been building from the spring."
- Richard Donnell on Oct 23, 2014