Article 6ZPV9 UK house prices in surprise fall amid high mortgage costs

UK house prices in surprise fall amid high mortgage costs

by
Lauren Almeida
from World news | The Guardian on (#6ZPV9)

Average price for a home drops by 0.1% to 271,079 in August compared with July, according to Nationwide

UK house prices unexpectedly fell in August as high mortgage costs dampened activity.

The average price for a home dropped by 0.1% to 271,079 last month compared with July, according to the Nationwide. Economists had expected a rise of 0.2%, according to a poll by Reuters.

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