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The Guardian - UK
The Guardian - UK
Business
Lauren Almeida

UK house prices fall in toughest sellers’ market in 10 years

Colourful period cottages in Essex
Rightmove says such a wide variety of choice means the housing market is highly price sensitive. Photograph: Greg Balfour Evans/Alamy

Property asking prices slipped in June, as sellers faced the toughest competition in a decade to find buyers.

The “unusual dip” in prices – by 0.3% to £378,420 – compares with an average increase of 0.4% in June over the past 10 years, according to the property portal Rightmove.

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