U.K. property asking prices just declined for the first time since 2009, as wage growth slows and political uncertainty grows in Britain. 

Asking prices for houses dropped 0.4% in June, following a 1.2% rise the previous month. June is normally a month that sees a seasonal rise in prices.

"Buyers' confidence has clearly been affected by inflation outstripping their pay packets and current political events," said Miles Shipside, Director of property website Rightmove.

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This article was written by a staff member of TheStreet.

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