House price growth slows to five-year low
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House price growth has slowed to its lowest level for five years, according to the latest figures from the Nationwide. The building society’s monthly house price index show that annual house price growth in October was just 1.6 per cent, down from 2 per cent in September, and the lowest annual rise since May 2013.
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House prices across the United Kingdom were on average 2.0 percent higher this month than a year ago, slowing from 2.4 percent growth in May. This was the weakest in five years, though less of a slowdown than the drop to 1.7 percent forecast in a Reuters poll.
In December, for example, the yield on the five-year Treasury. interest rates low. Investors have been plowing money into.
House price growth slows to five-year low. Wales saw a softening in price growth to 4 per cent, though it was the best performing home nation. Northern Ireland saw annual price growth of 2.1 per cent, similar to the UK average, while England saw the weakest growth, with prices up 1.3 per cent year-on-year.
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Annual house price growth slows to five-year low By Joanne Atkin in Housing 1st November 2018 0 House prices in October slowed to their lowest annual growth since May 2013, rising by 1.6% from 2% in September, according to Nationwide.
The rate of growth in house prices sunk to a five- year low of 2.78 per cent in the first quarter of the year due to constrained credit flows to both the supply and demand side.
(Bloomberg) — U.K. house prices posted their slowest annual growth in five years, according to nationwide building society. Growth slowed to just 0.5 percent in 2018, down from 2.6 percent a year earlier, the firm said in a report Friday. That was the slowest 12-month pace since February 2013. On the month, home values fell 0.7 percent.
(Bloomberg) — U.K. house prices posted their slowest annual growth in five years, according to Nationwide Building Society. Growth slowed to just 0.5 percent in 2018, down from 2.6 percent a year earlier, the firm said in a report Friday. That was the slowest 12-month pace since February 2013.
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UK house price growth slows to five-year low – Nationwide. Tuesday’s data showed London was the only region of the United Kingdom to record an annual price fall in the second quarter, with average prices 1.9 percent lower than a year earlier, compared with increases of 4 percent or more in Wales and central England.