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Biggest August fall in British house prices since 2018 – business live

British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports - Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month Rightmove has also spotted a pick-up in the housing...

Biggest August fall in British house prices since 2018 – business live

British house prices expected to fall this year, despite ‘Burnham bounce’, Rightmove reports

- Asking prices for newly listed homes in UK’s richest borough fall by £100k in one month

Rightmove has also spotted a pick-up in the housing market since the change of prime minister.

Buyer demand is up 5% since Andy Burnham came to power on the 20th July, they report, explaining:

“The new Prime Minster has brought a general boost to optimism and has ruled out property tax changes in October’s Budget, meaning buyers have fewer reasons to wait around and see what happens.”