British housing affordability constraints as well as fading price expectations among sellers brought forward the usual summer slowdown, property website Rightmove said on Monday.
House prices dropped only GBP 82 in June, Rightmove said. This marked the first monthly decrease in asking prices this year and also the first drop in June since 2017.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.