Asking prices for UK homes show biggest June fall since 2011 ...Middle East

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Asking prices for UK homes show biggest June fall since 2011

UK Rightmove House Prices for June 2025:

-0.3% m/m, compared with a typical 0.4% rise for the usual month of June

    prior +0.6%

    +0.8% y/y, smallest annual rise since August 2024

    prior +1.2%

    Rightmove commentary:

    "It appears that we're now seeing the decade-high level of homes for sale, and the recent stamp duty increases in England, have a delayed impact on new sellers' pricing" more competitive pricing helping sales activitynumber of agreed sales had risen to the highest in more than three years

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    GBP update, little net change to begin the new week so far:

    This article was written by Eamonn Sheridan at www.forexlive.com.

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