House prices fall and even London market falters as gap widens between sellers and potential buyers | Mail Online
A further fall in UK house prices is expected as the usually buoyant London market grinds to a halt.
A study by housing analysts Hometrack found values in the capital were stagnant in August, the first time this year they have failed to grow.
Average prices dipped 0.1 per cent across the country, due to a widening gap between sellers and potential buyers. While the number seeking a move has risen 10 per cent this year, properties for sale have risen by nearly double, to 19 per cent.
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