Asking prices for UK homes tumble in June


Residential properties in view of the Canary Wharf in London, UK.Photographer: Hollie Adams/Bloomberg

LONDON: Asking prices for homes put up for sale in Britain have fallen by the most in 14 years for the time of year, according to data published yesterday that adds to signs of softer pricing after the end of a tax break on house sales.

Prices dropped by 0.3% compared with a month earlier in Rightmove’s June period, which ran from May 11 to June 7.

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UK , homes , real estate , tariffs

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