Jun
19
London Home Sellers Cut Price for Second Time in Three Months
By-
Rightmove says political instabiltity may weigh on market
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Nationally, asking prices post biggest June drop since 2009
London home sellers cut asking prices for a second time in three months and waning buyer interest hints that the slowdown may continue.
Prices dropped 2.4 percent in June — the biggest for that month since 2010 — leaving them down 1.4 percent from a year earlier, Rightmove Plc said on Monday. Nationally, asking prices slipped 0.4 percent, pushing the annual gain to the weakest since 2013. In London, buyer activity “remains subdued compared to the recent boom years,” Rightmove said…
London Home Sellers Cut Price for Second Time in Three Months
