The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg
The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg
Property /  International

UK home sellers tempt wary buyers with record late summertime discounts, especially in London

The British housing market appears to be weakening after a three-decade boom, dragged down by stretched affordability, slower economic growth and uncertainty created by Brexit.

Topic |   International Property
Bloomberg
Bloomberg

Updated: 7:19pm, 21 Aug, 2018

Why you can trust SCMP
The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg
The average asking price for homes across the UK in August tumbled 2.3 per cent from July, according Rightmove. Above, row of residential housing sits in the Muswell Hill district of London, U.K. Photo: Bloomberg
READ FULL ARTICLE