The Latest Breaking News on Prime London property: house prices in most expensive areas close to bottoming out

The question is not whether UK house prices will continue to fall but how big the drop will beBusiness live – latest updates

Houseprices are falling annually for the first time since 2012 — and many forecasters expect they will fall further still. It’s the news private renters like me think we’ve been waiting for. Brush up your credit rating and cash in your ISAs, the keys to a natty starter flat in…

May marked the strongest reading for new property listings since March 2021, the Royal Institution of Chartered Surveyors said.

A total of 50 new homes are being built at the site in South Bristol

The figures appear to show a divide between the north, where prices are still growing and the south, where they are slowing

The Halifax research showed some of the biggest price falls were in London and the South East

House prices fell by 1.0% on average across the UK in May

Price of average home in May was 1% lower than in same month last year, according to Halifax figures

House prices fell by 1.0% on average across the UK in May, Halifax said.