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【Bloomberg】U.K. House Prices Stagnate in March as Buying Activity Plunges

【Bloomberg】U.K. House Prices Stagnate in March as Buying Activity Plunges


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U.K house prices stagnated in March as the number of transactions plunged, according to LSL Acadata.

Values were flat on an annual basis last month as falls in London and southern England offset gains elsewhere, the firm said in a report Thursday. In March alone, prices rose just 0.1 percent, and transactions fell a seasonally-adjusted 15 percent, despite the month marking the start of the traditional spring buying period.

The report is the latest to highlight the struggles of the U.K housing market amid mounting Brexit uncertainty. Data from the Office for National Statistics Wednesday showed values nationally rose just 0.6 percent in February compared with a year earlier, while those in the capital dropped by the most since 2009.

The Acadata report showed large annual declines for London’s most expensive boroughs in February. Kensington and Chelsea saw prices drop almost 30 percent from a year earlier, while three of the capital’s other priciest areas -- the City of Westminster, Camden and Hammersmith and Fulham -- also saw double-digit declines. Meanwhile the City of London bucked the trend with a 12 percent jump.

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2019年4月18日 上午7:01 [GMT+8]