Asking prices for UK houses slip slightly after Brexit vote – Rightmove

Asking prices for British residential property slipped slightly more than usual after last month’s vote to leave the European Union, though the overall impact remains hard to judge, figures from property website Rightmove showed on Monday.

Average prices for property advertised in the four weeks to July 9 were 0.9 percent lower than in June, a slightly bigger fall than the 0.4 percent drop typically recorded that month as demand softens in the run-up to summer holidays, Rightmove said.

“Perhaps unsurprisingly this July’s fall is marginally larger, as political turbulence has a track record of unsettling sentiment,” said Rightmove director Miles Shipside.

Reuters

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