House price growth static as market cools

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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.

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Case in point is the most recent report on UK house prices from lender Nationwide, released yesterday.The figures point to average house prices being unchanged month on month in August, and only 0.6 Home

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However, local prices are still up 4 percent over the past year. “Home prices plus data on house sales and. said the market is beginning to favor buyers over sellers. “As the pace of home value.

Browse The Independent’s complete collection of articles and commentary on House prices.. showed strongest house price growth last year, while the London market recorded six consecutive.

UK house price growth cools four-month low in June – Halifax 1 Min Read FILE PHOTO: An estate agent board is displayed outside a property in London, Britain July 7, 2017.

The UK housing market has been downbeat since the EU referendum in 2016 but has shown tentative improvements in recent months.

UK house prices will continue to rise in 2017 but at a much slower rate, according to research from the Halifax. Britain’s biggest mortgage lender said annual house price growth would be running.

House price growth remained steady in November, according to Britain’s biggest building society, undershooting economists expectations and signalling that activity in the housing market continues to cool. Nationwide said its mortgage data showed that the average price rose by 2.5% in the year to November, the same rate recorded in October.

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Halifax UK Housing Market Outlook for 2018 . Expected annual house price inflation for 2018: 0% to 3% by year end Continuing broad stability in house prices nationally in 2018 Economic growth to continue below trend, but unemployment to remain low Continuing pressureon household finances together with affordability constraints

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