Although the average UK house price rose to 219,000 in the three months to July, price growth is at its slowest rate in more than four years, according to new figures. The 2.1 per cent (+4,651) rise is the lowest annual rate of increase since April 2013, despite the strongest employment levels seen in the UK since 1975, according to the latest house price index from Halifax.
UK house prices in June grew at their slowest rate since 2013, according to latest figures from Nationwide. Annual growth was 2% in June, the building society’s house price index found, down from 2.4% in May. The average price of a property in the UK is currently 215,444.
Annual house price growth slowed to 0.5%, compared with a rise of 1.9% in November, the Nationwide said. Economists polled by Reuters forecast prices to rise 1.5% in 2018.
Rise in Home Prices Slowest in 4 Years, Mortgage Report Shows. "However, the average monthly gain in value of less than 1% was the lowest for any May in the last four years.
UK house prices grew at the slowest annual pace in more than five years this month as a slump in London weighed on the market. Asking prices rose 1.1 per cent from a year earlier, Rightmove said.
House prices in the St. Louis area dipped slightly in the fourth quarter, leaving the metro area with its smallest full-year housing gains since 2011. The Federal Housing Finance Agency’s.
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House prices in the U.K. rose at the slowest rate in over four years in July, hurt by lingering political uncertainty, recent tax changes and a limited number number of homes for sale, according.
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Do rising mortgage rates trigger lower house prices?. “A slow and steady rise in mortgage rates. Home prices were up 5.9 percent nationally year over year in February and increased in.
House prices are rising at their slowest pace in more than four years, according to Britain’s biggest mortgage lender, as the property market undergoes a downturn in sales and activity.
Real estate sector ‘turns on dime’ as housing prospects lift The interest ratesensitive real estate sectorwhich includes real estate investment trusts that have attractive yields relative to other sectorsalso performed very well, as longerterm interest rates plummeted during the quarter, particularly in March.
Home prices in 20 U.S. cities rose in December at the slowest pace in four years, continuing to decelerate. Federal Housing finance agency showed house prices rose 5.7 percent in the fourth quarter.