UK house prices dropped moderately in August following the bigger-than-usual falls in June and July, property website Rightmove said Monday.
The average price of property prices coming to the market slid 1.3 percent month-on-month in August, which was in line with the ten-year average.
Rightmove said lower asking prices together with good buyer choice are continuing to underpin sales activity, resulting in the best July for sales agreed since 2020's active post-lockdown market.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.