Economics

U.K. Housing Market Growth Slows as Record Prices Deter Buyers

  • Momentum weighed down by record prices, lack of stock to sell
  • Wealthier buyers helping to maintain growth at the top end
Photographer: Chris Ratcliffe/Bloomberg
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U.K. house price growth slowed in June as record prices and a lack of properties to purchase drained momentum from the market, Rightmove said.