Learn more

By David Milliken LONDON (Reuters) – Average asking prices for newly listed houses and apartments in the UK fell by 1.9% in December, more than the historic average decline for the final month of the year, figures from property website Rightmove showed on Monday. Prices were 1.1% lower than a year earlier, the data showed. The weakness contrasts with data from mortgage lenders Halifax and Nationwide over the past two weeks, which showed modest monthly price rises, suggesting that the past year’s fall in house prices had bottomed out. “Further price falls beyond the usual seasonal trends that w…

cuu