House prices slip back in May – Money Marketing

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LONDON, May 2 (Reuters) – The dollar nursed overnight gains while. cut to the interest it pays on banks’ excess reserves – a technical move to ease money market tightness as it runs down its.

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House prices slip back in May By Justin Cash 31 st May 2019 12:25 pm House prices dropped back by 0.2 per cent in May to an average of 214,946 as confidence among buyers faltered, Nationwide’s.

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The latest figures from RP Data show that the median house price around Australia fell by a seasonally adjusted 0.4% in August.. Despite all the predictions of a property collapse, over the past year capital city dwelling values fell by 3.2%. Over the last month house prices in Canberra fell 1.8% in August and by 1.7% in the quarter.

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Prices in May were up by 6.4% year-on-year (so a lot stronger than in the UK, for example), but that’s the smallest annual gain since 2017 – and over the last three months, prices have risen.