U.K. House Prices Fall as London Decline Intensifies
- Prices fall as more sellers come to market, Rightmove reports
- London slump may be an opportunity for first-time buyers
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U.K. house prices fell for the first time in seven months as sellers adapted to the reality of the weaker market.
Asking prices slipped 0.1 percent in July from a month earlier, property website Rightmove said on Monday. In London, prices slipped 0.5 percent, with smaller apartments falling faster than bigger homes.