Jul
11

London House Prices Extend Decline as Demand for Property Wanes

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  • U.K. home sales activity declines for 16th month, RICS says
  •  Activity indicators suggest London will remain in a rut

London house prices extended their decline last month amid slumping demand in the capital, according to the Royal Institution of Chartered Surveyors.

For a sixth month, significantly more real estate agents reported falling prices than rising ones, albeit at a slightly slower pace than previously, RICS said is a report Thursday. On a national level prices remained broadly flat, the firm said…

London House Prices Extend Decline as Demand for Property Wanes

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