• Rightmove: U.K. house prices drop 0.8% in August

Market news

18 August 2015

Rightmove: U.K. house prices drop 0.8% in August

According to property tracking website Rightmove, the average asking price for a house in the U.K. declined by 0.8% to 292,284 pounds in August. The average asking price rose 0.1% in July.

The decline was driven by falls in prices in the East of England, the South East, London, the East Midlands and the South West.

On a yearly basis, house prices in the U.K. climbed 6.4% in August, after a 5.1% increase in July.

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