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London Housing Slump Deepens as Brexit Slows U.K. Property

London Housing Slump Deepens as Brexit Slows U.K. Property

London remains a weak spot in the slowing U.K. housing market as Brexit clouds the outlook, reports Monday showed. The capital had an annual price decline of 0.2 percent in May, property website Rightmove said on Monday. Separately, Acadata reported that in April London was the only region showing an annual fall, clocking in a 2.5 percent drop.