U.K. Home Prices Decline as Outlook Worsens

U.K. Home Prices Decline as Outlook Worsens

Paul Thomas/Bloomberg

Laura Brady, a sales broker at Reeds Rains estate agents, replaces a property advertisement in the company's window display in Manchester, U.K.The housing market is struggling to gain momentum as banksrestrict lending, unemployment rises and inflation outpaces wage growth.