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British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender nationwide said, countering other signs the housing market may be past the worst of its.
LONDON (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.
Mortgage lender Nationwide said house prices rose 2.1 percent year-on-year in August, slowing from 2.9 percent in July and matching May’s four-year low. A Reuters poll of economists had pointed to.
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Property values were pushed up by 0.8 per cent month-on-month, marking the 16th monthly increase in a row, and the annual pace of price growth accelerated from 10.6 per cent in July as a result.
· Nationwide House Prices advanced by 3.3% on the year in June; failing to meet with the median market forecast of 4.5%.
UK house prices during Help to Buy. As, indeed, they had: April 2014 saw figures published showing UK house prices had risen for 15 consecutive months. In mid-March, UK house prices rose to record highs, though caution is merited, and there were signs that the overheating in some areas was beginning to cool.
In Dublin, it forecasts residential house prices will rise by about 3% this year and in 2020, “but much slower than the average 9% year-on-year growth from mid-2016 to mid-2018”.
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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. House prices increased 0.6% in May.
UK house prices fell unexpectedly in June, dragging the annual rate of growth to the lowest level in four years in the latest sign that consumers are shying away from major spending commitments.
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Lower prices in London also dragged. The average UK house price was 1.8% higher than in June last year, the smallest annual increase since 2013.
House prices in the three months to June 2018 were 1.8% higher than in the same three months a year earlier. About the Halifax House Price Index. The Halifax House Price Index is the UK’s longest running monthly house price series with data covering the whole country going back to January 1983.