UK Rightmove House Prices MM (Jul) -1.0% (Prev. -0.6%)
Context
The latest Rightmove house price data for July shows a month-on-month decline of 1.0%, which is a larger drop than the previous decrease of 0.6%. This more significant decline could signal a potential cooling in the UK housing market, impacting consumer sentiment and possibly influencing future monetary policy as it relates to growth and inflation dynamics.
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