Mon, 21 Jul 2014 08:24:09 GMT
London property prices slip in July
London real estate
prices decreased for the second month in a row as the
rising number of property for sale mitigated the market. Asking
prices in U.K. dropped 0.4% and averaged at 587,174 pounds in July, whereas
across England and Wales prices fell 0.8%. The property market is
said to be losing pace after the BoE concluded it represented the
greatest risk to the economic recovery.