Economic Buzz: UK's Rightmove House Price Index dips 2%

Rightmove?s latest UK House Price Index reflected a more challenging summer market for sellers, with average asking prices for newly listed homes falling by 2.0% (-?7,360) in August to ?364,999, a considerably sharp fall. The new prime minister has brought a general boost to optimism and has ruled out property tax changes in October?s budget, meaning buyers have fewer reasons to wait around and see what happens, Rightmove has noted.

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