Stocks and oil rise before Zelenskyy-Trump meeting in Washington, UK house prices fall in August - business live

Gold also rises ahead of crucial talks between US president, Ukrainian president and European leadersRightmove’s monthly survey showed that 34% of UK homes are now seeing a reduction in price during marketing. In data that goes back to 2012, this figure has only been higher at this time of year in 2023, and a two-speed market is becoming more evident.The overall average time to find a buyer is 62 days, with the high number of homes for sale allowing buyers the time to make their choice and negotiate.Buyers have the upper hand in this high-supply market, so a tempting price is vital to agree a sale. The strategy is working, with the number of sales agreed in the full month of July being the best at this time of year since 2020. At that time, the market had recently re-opened after the first pandemic lockdown, and generous stamp duty reductions had just been announced.However, the high number of price reductions we’re seeing is an indicator that some sellers are still coming to market with too high a price and then reducing it to become competitive. Continue reading...

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Monday, August 18. Russia’s War On Ukraine: News And Information From Ukraine

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