UK house prices fell by 0.8% in June, the biggest monthly decline since November 2022, beating analysts' expectations.
Raluca Ioana Draghici
International
www.shutterstock.com
Always see our news on Google
Data from Nationwide shows a fall in UK house prices, the most severe since November 2022, after the expiry of the first-time buyer tax rebate program. Economists had expected a 0.2% rise. Robert Gardner, Nationwide's chief economist, suggests weak demand and the April tax hike could weigh on the trend, but he expects improvement this summer.
Sources
Latest News
18:13
Russia would have used a North Korean missile in the recent attack on Ukraine, the first use of this type of weapon in almost a year.
18:04
Over 200,000 Australian voters fined for not participating in the 2025 election
17:54
Strong gusts of wind hit Rio de Janeiro and São Paulo, causing the death of five people and significant material damage.
17:44
A EU-funded project will test 11 natural solutions for protecting Mediterranean agriculture and forests from drought and fires.
17:39
Oradea has developed the first unified regulation for the access of pets in public and private spaces
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
