Housing market activity is stalling amid concerns about Brexit and uncertainty surrounding the election result, according to figures from Rightmove.
Asking prices were down 0.4% in June in England and Wales, at £316,109. This is the first decline for a June month since 2009. On the year, prices rose 1.8%, the smallest increase since April 2013..
There is no doubt the lack of stability is a factor, Rightmove director Miles Shipside said. Buyer confidence has clearly been affected by inflation outstripping pay packets and by political events.
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