A Reuters poll of 30 property industry experts has seen them predict that average house prices in London will fall by around 1% this year - the first annual decline since 2009. Prices across the rest of the country, they suggest, will climb 1.7%. This comes as ONS figures show the average value of a London property dipped 0.7% in the year to March, hitting £471,944. This decline was the second consecutive month where prices edged downward and the biggest dip since September 2009.
Evening Standard (07/06/2018) City AM (07/06/2018)