UK House Prices Experience Sharpest Annual Drop in 14 Years In a significant blow to the UK housing market, house prices have suffered their sharpest annual drop in 14 years. Data released by Halifax, Britain’s biggest mortgage lender, revealed that prices fell by 4.6% in August, marking the largest year-on-year decrease since 2009. The decline […]
United Kingdom House Prices Fall by Most Since 2009 as Rate Rises Bite Falling House Prices Reflect Impact of Higher Interest Rates British house prices have experienced their sharpest decline since 2009, according to mortgage lender Halifax. Over the past year, house prices have fallen by 4.6%, with a 1.9% drop in August alone. This […]
House prices see biggest yearly decline since 2009 The current state of the housing market According to a report by Nationwide, house prices in the UK have experienced their largest annual decline since 2009. The building society revealed that prices are now 5.3% lower compared to August of last year, with the average home seeing […]
House Prices See Biggest Yearly Decline since 2009 Introduction The UK housing market is facing its largest annual decline in house prices since 2009, with prices down by 5.3% compared to August last year, according to Nationwide. This decline represents a drop of £14,600 on the average UK home since house prices peaked in August […]