Top
image credit: Adobe Stock

UK house prices see their biggest December drop in four years

December 12, 2022

Via: MoneyWeek
Category:

The average asking price of UK homes fell 2.1% over the last month according to Rightmove’s house price index – the biggest December dip in four years.

According to the online property portal, the average asking price of properties on its platform was £359,137 in December, down £7,862 from November.

The decrease follows a 1.1% dip in November, and adds to the growing amount of data showing the UK property market is cooling down after two years of rapid house price growth.

Read More on MoneyWeek