U.K. August House Prices Fall for Fourth Month, Hometrack Says
This article is for subscribers only.
U.K. house prices fell for a fourth month in August and demand for homes may weaken further this year, property researcher Hometrack Ltd. said.
The average cost of a home slipped 0.1 percent from July and was down 3.7 percent from a year earlier, the London-based firm said today in an e-mailed report on its monthly survey of real-estate agents. In London, prices increased by 0.1 percent.