House prices fall for fourth consecutive month as UK sees end to Covid 'country escape' boom

Real estate agents Knight Frank said country homes had decreased in value by 4.2 per cent since June 2022

clock • 4 min read
Chris Druce, senior research analyst at Knight Frank, said a 14th interest rate, with a 15th more than likely, from the Bank of England had placed ‘continued pressure’ on house prices which he expected to continue at a steady level until next year
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Chris Druce, senior research analyst at Knight Frank, said a 14th interest rate, with a 15th more than likely, from the Bank of England had placed ‘continued pressure’ on house prices which he expected to continue at a steady level until next year

House prices in the UK have fallen for a fourth successive month with cost-of-living pressures and the country's recovery from the pandemic having repercussions for sellers and buyers. Real estate...

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