Mortgage News

UK house price growth cools unexpectedly in May – Nationwide

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Nationwide Housing Prices in the United kingdom averaged 256.51 index points from 1991 until 2019, reaching an all time high of 432.91 index points in July of 2018 and a record low of 98.95 Index Points in November of 1992. The Nationwide house price index is an indicator of trends in UK house prices.

 · UK house prices unexpectedly surged 5.2 per cent in the year to May, according to the Halifax. The annual increase is the fastest recorded since January 2017.

UK House Price Growth Cools Unexpectedly in May: Nationwide LONDON (Reuters) – British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender Nationwide said on Friday,

 · March’s figure took the average UK house price to more than £200,000 for the first time. The rise was higher than the 4.8% gain seen in February, and the strongest year-on-year rise since.

 · UK House prices are likely to stay flat for at least two decades. In 2007, average house prices reached £174,000. Today, more than ten years later, the average stands at £225,000. That’s a gain of 30% in ten years, or less than 3% on an annualised basis.

The Halifax unexpectedly reported that house prices spiked 1.5% month-on-month in March (the sharpest rise since last August). This lifted the year-on-year increase to a 2018 high of 2.7% in the three months to March from 1.8% in the three months to February.

 · · UK house price growth unexpectedly slows to 7-month low: nationwide. london: annual house price growth in Britain cooled to a seven-month low in March, mortgage lender Nationwide said on Thursday, adding to signs of fading momentum in the housing market.

UK house price growth cools to weakest level since May 2013 By Patricia Nilsson. The annual rate of UK house growth in October slowed to its lowest rate since May 2013, according to new data that highlight the slowdown in Britain’s property market sparked by economic uncertainty and.

 · It then tips London to post the lowest regional house price growth over the next five years, at 10.2 per cent, compared to a 19.3 per cent UK average forecast. That overall forecast is a cut from earlier this year, however, when Savills said house prices would rise 25 per cent by 2018.

Mortgage lender Nationwide said house prices rose 2.1 % year-on-year in August, slowing from 2.9 % in July and matching May’s four-year lowReuters | August 29, 2017, 18:00 IST By: Andy Bruce LONDON:.

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