British house prices record large fall amid summer distractions

Asking prices for newly advertised British houses and apartments recorded an unusually large fall in the four weeks to July 11, as the men’s soccer World Cup and record temperatures distracted buyers who also face high borrowing costs, property website Rightmove said this week..
Prices for property put on sale dropped by 1.0 per cent, compared with the previous month, bigger than the average 0.2 per cent fall for the period over the past 10 years....
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