Acadata/LSL provide picture of falling London market

A 2.7% fall in residential property prices in the capital September-to-September follows August’s 0.7% fall (the first time the index turned red since 2011) and paints a picture of a market dropping back to 2015 levels and showing few signs of recovery. In the meantime Rightmove has published its October data, showing asking prices 2.5% down on the year.