Global Economic News

UK House Prices Ease 0.1% In May - Rightmove

The average asking price for a new house in the United Kingdom was down 0.1 percent on month in May, property tracking website Rightmove said on Monday - coming in at 285,891 pounds.

That follows the 1.6 percent increase in April.

By region, prices in London fell 2.3 percent, while the north-east and Yorkshire also were down. Prices in the east climbed 1.4 percent.

On a yearly basis, house prices advanced 2.5 percent, slowing from 4.7 percent in the previous month.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News