Nationwide reports slowing of house price growth

Latest index shows pace of house price growth is still slowing across the UK. House price growth has slowed for the fifth consecutive month, according to the latest figures from Nationwide. UK house prices rose by just 0.3% between December and January, pushing the annual rate of increase down from 7.2% to 6.8%.

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annual house price growth slows to a five-year low in June UK annual house price softened to 2% Prices up 0.5% during the month, after taking account of seasonal factors London was the weakest performing region in Q2, with prices down 1.9% year-on-year Headlines Jun-18 May-18 Monthly Index* 425.9 423.6

This July has seen annual house price growth increase to 2.5%, up from 2.0% in June, according to the nationwide house price index. This index tracks representative house prices over time rather than a simple average of the prices, using mortgage data from Nationwide, the major lender.

Data around the turn of the year can often be volatile, he said, adding: “There are few signs of an imminent pickup, as surveyors report. since 2009, Nationwide has reported previously. It has said.

House prices were up by 2.4 percent in the year to May, down from a rise of 2.6 percent in April and below all British house prices rose less than expected in May, figures from mortgage lender Nationwide showed on Thursday, adding to evidence of a slowing property market since the 2016 Brexit vote.

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U.K. Property Price Growth Continues to Slow. according to a report from Nationwide released Friday.. For the majority of last year-with the exception of December-house price growth was.

British house prices rose moderately again in September, extending the period of slow growth that’s cooled the market since the EU Referendum vote two years, according to a report from mortgage lender Nationwide. House prices across the UK were up a modest 2% from September 2017, to an average of 214,922.

Halifax said prices in London would slow. house price growth during the coming year, continuing the trend seen since the spring of 2016." The forecast chimes with several other predictions that.

Growth in house prices will slow sharply across Britain this year as a weakening of the property market spreads beyond London, according to the country’s largest estate agency group. Countrywide.