UK Rightmove House Prices YY (Jul) -0.4% (Prev. -0.5%)
Context
The year-on-year decline in UK Rightmove House Prices has slightly improved, moving from -0.5% to -0.4%. While the continued negative growth signals ongoing headwinds in the housing market, the lessening of the decline may suggest some stabilization, impacting expectations around consumer confidence and potential policy implications for interest rates.
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