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Economics

London Property Slide Worsens With Biggest Drop in a Decade

  • First quarter saw values fall 3.8% y/y, Nationwide says
  • Nationally, U.K. real-estate market remains ‘subdued’
Brexit Housing Crash Fears Stay in London

Photographer: Chris Ratcliffe/Bloomberg

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London continued to lead the U.K.’s weakening property market at the start of 2019, with prices falling the most since the financial crisis a decade ago.