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Nigel Cassidy

Morning Money: Asking prices for homes have seen their biggest monthly drop since November - Miles Shipside discusses.

Nigel Cassidy

Original Broadcast: Morning Money at 6:00

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The price of homes for sale in England and Wales have seen the biggest drop since November, according to the property website Rightmove. Asking prices fell by a monthly 1.2% average between July and August. With the biggest falls seen in London and the Southeast. This comes after a dip of just under 1% the previous month. Miles Shipside, housing market analyst at Rightmove, joined the team to explain what's caused this drop.

Guests: Emma Wall,Miles Shipside

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