London house price rebound driven by top end

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By Leith van Onselen

Acadata has released its latest house price results for the UK, which shows that values in London have begun to rebound after a period of price falls, driven by the top-end of the market:

Average prices in England and Wales were slightly down in June, falling by 0.2% from May, although this is a smaller decline than March or April.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.