UK house prices have risen by 1.1 % in April 2019 , although asking prices have fallen slightly YoY , and asking prices in Greater London have fallen YoY for the 20th month in succession . The last negative asking price trend came after the global banking collapse in 2008 . Continued financial uncertainty and the affordability crisis have been blamed . Affordability problems are said to have spread beyond what the market once defined as the capital ’s affordable periphery . “Affordability limits and the uncertain political backdrop continue to hold back the market,” reports Rightmove in the latest housing price index for in April. The spring selling season , meanwhile , saw a 1.1 % rise in Greater London house prices between March and April .
UK house prices have risen by 1.1 % in April 2019 , although asking prices have fallen slightly YoY , and asking prices in Greater London have fallen YoY for the 20th month in succession . The last negative asking price trend came after the global banking collapse in 2008 . Continued financial uncertainty and the affordability crisis have been blamed . Affordability problems are said to have spread beyond what the market once defined as the capital ’s affordable periphery . The spring selling season , meanwhile , saw a 1.1 % rise in Greater London house prices between March and April .