Ray Bolger says house prices set to fall ‘10% next year
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The average UK house price fell slightly last month which is the second slight decrease over the past three months. The cost of an average home dropped slightly from £293,992 in August to £293,835 in September. Annual growth has also slowed for the third month in a row to 9.9 percent from 11.4 percent. This is the first time the figure has dropped to single digits since January.
House prices decreased marginally in September by -0.1 percent (Image: GETTY)
Kim Kinnaird, director at Halifax Mortgages, said recent events have led to “greater economic uncertainty” and house prices have been “largely flat since June”.
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