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August Market Pulse: Summer Price Dip & Rate Cut Hopes—What It Means for SW London Buyers, Sellers & Landlords
What’s Happening? Record July slide: Average UK asking prices fell ‑1.2 % to £373,709—London down ‑1.5 % (‑2.1 % in Inner London), the biggest July drop since 2002. (Rightmove, The Guardian) Buyer activity up: Sales agreed are 5 % higher year‑on‑year despite lower prices. (Reuters) Rate‑cut buzz: Markets price in a high chance the