UK house price growth cools unexpectedly in May – Nationwide

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UK Annual house price growth accelerated to 3.2% at the start of 2018, compared to 2.6% at the end of 2017. Rather than being an indicator of increasing sales and increasing household confidence, Robert Gardiner, Nationwide’s Chief Economist, said: "The flow of properties coming onto estate.

Nationwide said house prices in May were 4.6 percent higher than a year before, the smallest May saw Prime Minister David Cameron’s Conservative Party unexpectedly win an outright Growth among Britain’s housebuilders picked up in May, a survey from Markit/CIPS showed on Tuesday.

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China home price growth cools in June, but investment quickens 1 week ago BEIJING (Reuters) – Growth in China’s new home prices cooled in June as sales shrank for a second month, but building starts and investment quickened, providing a cushion for the slowing economy while Beijing claims some wins in reducing market froth.

The annual rate of UK house price growth cooled further in May, after slowing the previous month, according to the Nationwide building society. The Nationwide said one factor was that many people had rushed to buy houses in March because of stamp duty changes that took effect on 1 April.

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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.

25/05/18 – Housing Market Cools Unexpectedly in April Mortgage lender Halifax has stated that the UK’s house price growth unexpectedly cooled in April’, adding to signs of weakness in the housing market and the consumer economy more broadly. Read more.

As for May, housing has risen in price by 0.1%, while in May, its value decreased by 0.2%. In the second quarter, prices in the UK housing market rose by 0.6%. Compared to the 0.4% rise in the previous quarter, the price increase accelerated slightly.

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UK. may also hold off from selling their properties, hence reinforcing the shortage of homes which contributes to rising prices, Nationwide said. Founder and chief executive of eMoov.co.uk, Russell.

UK house price growth cools unexpectedly in May – Nationwide.. That left the average United Kingdom house price in May at £214,946. The increase in first-time buyers comes amid a decline in the interest rates on mortgages with smaller deposits compared with those with larger deposits, it added.