House prices grow at slowest pace in five years

The average home price across the U.K. posted an annual increase of 0.5% in 2018, the slowest pace of growth in. The second fastest-growing nation was Wales, where house price gained 4%.

UK house prices have grown at the slowest rate in five years in June, with London remaining the weakest spot as strained household finances and economic uncertainty kept buyers away.

U.K. house prices grew at their weakest pace in five years in August as Britain’s impending exit from the European Union discouraged buyers. The average price for a property was 232,797 pounds.

Housing prices in Nairobi grew at the slowest pace in eight years of 7.4 per cent year on year by December 2016. The trend is attributable to reduction in demand due to high prices, but the low.

House prices are growing at the slowest annual pace in more than five years, as uncertainty about the economy and squeezed household budgets dampen demand, mortgage lender Nationwide has said.

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The house prices in the United Kingdom are increasing at its slowest annual pace in more than five years. Nationwide, a mortgage lender has said that it comes as uncertainty regarding the economy and squeezed household budgets affect the demand. The growth in the prices dropped from 2 percent last September to only 1.6 percent in [.]

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UK house prices rose at the slowest pace since March 2013 in the year to June, according to the country’s largest lender, the Halifax. Prices increased by just 1.8%, equalling the pace of growth.

House prices in the UK are growing at their slowest pace in over five years according to the latest figures released today. Sold house prices rose 2.7 per cent over the year to 231,000 but dropped slightly month on month, by 0.2 per cent, the Office for National Statistics (ONS) data found.

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House prices in the UK have grown at their slowest rate in five years this month, with London remaining the weakest market as stretched household finances and continued economic uncertainty kept buyers away. The growth in the price of houses slowed to 2% this month, down from 2.4% in May according to Nationwide’s monthly house.Read more