House prices in the UK are too high. compared to 19 per cent in May. But engineering a lasting “soft landing” in the housing market – a moderation of price growth, but not an outright crash – is.
“House prices recorded their third consecutive monthly fall in May – the first time this has occurred since 2009. The annual rate of growth slowed to 2.1%, the weakest in almost four years. “It is still early days, but this provides further evidence that the housing market is losing momentum.
LONDON, May 31 (Reuters) – British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender nationwide said on Friday, countering other signs the housing market may be past the worst of its pre-brexit slowdown. house prices increased 0.6% in May compared with a year ago after rising by 0.9% in April.
LONDON (Reuters) – British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender Nationwide said on Friday. House prices increased 0.6% in May compared with a year ago after rising by 0.9% in April. A Reuters poll of economists had pointed to a 1.2% rise in May.
“After picking up unexpectedly in January, UK house price growth fell back in February, to 2.2% from 3.2% the previous month. House prices fell by 0.3% over the month, after taking account of seasonal factors. “Month-to-month changes can be volatile, but the slowdown is consistent with signs of softening in the household sector
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London prices are expected to rise 12 percent this year, 6 percent next and 5 percent in 2016, the poll found. In a May poll the respective forecasts were 12.0, 7.5 and 6.5 percent. Nationwide. “If.
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May 31 (Reuters) – London’s main stock index sank. Housebuilders also fell after mortgage lender Nationwide said British house price growth unexpectedly eased to its slowest rate in three months,
Today the French upper house is due to vote on it. to start easing policy once again. And rising oil prices, where Brent crude has topped $67 for the first time since May, may also cool the easing.
House Prices. UK house price growth cools unexpectedly in May – Nationwide. Reuters UK – Reuters Editorial. LONDON (Reuters) – British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender Nationwide said on Friday. House prices increased 0.6% in May compared with a year ago after rising by 0.9% in April.