Greater London house prices have risen by 1.1% in the 20th month , although asking prices have fallen slightly YoY , and asking prices in UK have fallen YoY for the 20th month in succession. The last negative asking price growth came after the global banking collapse in 2008 . Continued Brexit uncertainty and the affordability crisis have been blamed. Affordability problems are said to have spread beyond what the market once saw as the capital’s affordable periphery. April 2019 , meanwhile, helped a 1.1% rise in Greater London asking 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 growth came after the global banking collapse in 2008. Continued Brexit uncertainty and the affordability crisis have been blamed. Affordability problems are said to have spread beyond what the market once saw as the capital’s affordable periphery. The spring selling season, meanwhile, helped a 1.1% rise in Greater London asking prices between March and April.