UK house prices show first annual decline in six years
propertyforum.com | February 12, 2018
The report published today by Acadata will no doubt prove to be interesting food for thought for property investors in the UK. For the first time in six years the annual increase in UK house prices has fallen into negative territory. In the 12 months to the end of January 2018 the value of the average UK home fell by 0.4% with London showing a fall of 4.3% in the final quarter of 2017. These are obviously worrying times for UK property investors but is it simply a consolidation of recent gains or the start of a significant downturn?