It looks like the UK Real Estate sector has turned down, see
In terms of Elliott wave analysis, the rally from the March lows is a counter trend in three legs A,B,C. Correction are in three waves so here the main trend is down and the correction is upward. In a correction wave A and C are in five waves [i,ii,iii,iv,v] as shown on the chart. This is a textbook zigzag and if correct prices should not return to the top, the long term bear trend has resumed.
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