UK Housing Market Slumps as Homebuilder Shares Tumble
The UK housing market is facing a slowdown as home sellers slash prices at the fastest rate since 2018, according to the latest data from Rightmove. The online property portal reported a 1.9% drop in average asking prices in August compared to a month earlier, making the sharpest fall in five years. The decline was driven by a lack of demand, especially in London and the South East, where prices…










