Housing market cools down as weather warms up

Rightmove says average asking price fell 0.8% amid latest sign that housing market might be slowing

The prices demanded by sellers putting their homes on the market have fallen for the first time this year, in the latest sign that some of the heat is coming out of the UK housing market.

The average asking price fell by 0.8%, or £2,116, to £270,159 in July, according to the property website Rightmove. It was the first monthly drop since December and compared with a 0.3% rise in July 2013.

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Link to article: feeds.theguardian.com/c/34708/f/663908/s/3cb1b260/sc/24/l/0L0Stheguardian0N0Cbusiness0C20A140Cjul0C210Chousing0Emarket0Ecools0Edown0Eweather0Ewarms0Eup/story01.htm

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