UK Property

UK Property

UK house prices fall at fastest pace in more than a decade

Stay informed with free updatesSimply sign up to the UK house prices myFT Digest -- delivered directly to your inbox.UK house prices fell at the fastest pace in more than a decade in November, driven by a sharp decline in London, according to official data that reflects the impact of high interest rates on the property market.Average prices contracted 2.1 per cent in the year to November 2023, compared with a 1.3 per cent fall in the 12 months to October and the largest annual drop since June 2011, the...
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