House prices rise slower amid market uncertainty
Property prices have climbed to dangerous levels in several. Fears of a ' massive' global property price fall amid 'dangerous' conditions and market slow- down.. lower offers while buyers deserted the market amid uncertainty over Brexit.. all seen rapid increases in house prices over the past few years.
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House prices fell by 0.3% month on month in June, as potential buyers and sellers wait for more clarity around Brexit, according to an index. The dip follows a 0.4% house price increase in May, figures from Halifax show. Across the UK, the average house price stood at 237,110 in June – 5.7%
House prices rise slower amid market uncertainty. Bridget O’Connell 08/12/2017 Print Download. The rate of annual house price growth in the UK has slowed for the first time since July, according to Britain’s biggest mortgage lender.
Brexit-related uncertainty and rising interest rates are set to dampen the market, but undersupply means it will continue to grow.. UK house price growth is set to slow by half over the next 5.
Retail property market slumps amid uncertainty Nationwide said it reflected the unusually "uncertain economic outlook" but if the economy grew modestly, house prices on a national level would probably grow "at a slow single-digit pace" this year. Prices rose by 0.3% on the previous month.
UK house price growth remained sluggish in February, as property experts warned the housing market is "on its knees". Prices rose just 0.4 per cent year on year compared to January’s 0.1 per.
Uncertainty still affecting housing market By Dene Mackenzie. Business. there was a rise in prices and sales over the month compared with november 2017.. “We expect that the housing market will continue to slow over the coming year in response to concerns about changes in government.
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Price growth fell to an 11-month low last month due to ongoing political concerns. House price growth in the UK fell to an 11-month low in June on the back of domestic political concerns, reported Reuters. "The term ‘uncertainty’ is featuring more heavily in the feedback we are receiving," said Royal Institution of Chartered Surveyors’ (RICS) chief economist Simon Rubinsohn.