House prices have fallen by 3.8% over the past 12 months, the largest year-on-year drop since the global financial crisis in July 2009.
Compared with the previous month, house prices fell by 0.2% in July, according Nationwide. The average house price in the UK is now £260,828, down from £262,239 in June.
Prices peaked last August at £273,751, the month before Liz Truss and Kwasi Kwarteng’s infamous “mini-Budget”.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
