British house prices rose at the slowest pace in more than six years in Septembe...
FILE PHOTO: Houses are seen painted in various colours in a residential street in London, Britain, May 15, 2019. REUTERS/Toby Melville/File Photo
British house price growth has slowed since the Brexit referendum in 2016 - the Halifax index was showing growth of about 8% a year at the time - and prices have recently been falling in London and some neighboring areas. “With the economy largely struggling and the outlook highly uncertain, we suspect that house prices will remain soft in the near term at least,” Howard Archer, chief economist adviser to the EY ITEM Club consultancy, said.
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