Rightmove has issued figures that the average asking price for a home on the "for sale" market fell in August by 0.6%.
In London, the average asking price for a new home fell by 2.8%.
Our view
Prices are still up on last year - figures ranging from 13% to 19% growth over the year, but there is a steady slow down and the above 0.6% is the biggest fall in asking prices for some time. Expect further slow down.
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