House prices in London have fallen in June at their fastest pace since 2009

The growth rate of house prices in the UK declined in June due to the fact that residential real estate in London fell at the fastest pace since September 2009. The average price of a house in London was 447 thousand pounds sterling in June, having fallen by 0.7% in annual terms. According to the Office for National Statistics, in June, house prices in the country as a whole increased by 3% after rising by 3.5% in May. Thus, the growth in property prices has slowed. The average price of a house in the UK amounted to 228 thousand pounds in June. The cost of renting private property in the country increased by 0.9%. In London, the decline was 0.3%, which is the worst performance since September 2010.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong