UK property asking prices have fallen for the first time since 2011 , according to advertising agency Rightmove , which said the price was 2 % down in November 2018 , compared with the same time last year , to an average £ ##38 ( $ 532,000 ) . London led the way , with a 2.4 % drop in asking prices to an average £ 614,271 , compared with November 2017 . The average November price was 1.7 % down compared with October , which was the biggest monthly drop since 2012 . complaining about Brexit was making buyers cautious and persuading vendors to reduce prices , particularly Rightmove .
UK property asking prices have fallen for the first time since 2011, according to property agency Rightmove, which said the figure was 0.2% down in November 2018, compared with the same time last year, to an average £302,023 ($532,000). London led the way, with a 2.4% fall in asking prices to an average £614,271, compared with November 2017. The average November price was 1.7% down compared with October, which was the biggest monthly drop since 2012. Uncertainty about Brexit was making buyers cautious and persuading vendors to reduce prices, said Rightmove.