UK Housing Market Slowdown Spreading Out of London

A slowdown in the housing market is spreading from London to other parts of the South East of England, surveyors suggest.

While the region is pulling down activity and average price growth in the UK, other areas saw price rises.

The Royal Institution of Chartered Surveyors (Rics) said Northern Ireland, the West Midlands and the South West of England posted increases in July.

BBC

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Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.