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Nationwide: House price inflation slows to 10-month low

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Calcaria
Posts: 22
Joined: November 7th, 2016, 5:21 pm

Nationwide: House price inflation slows to 10-month low

#10799

Postby Calcaria » December 1st, 2016, 12:49 pm

THIS IS MONEY

House price inflation slows to 10-month low, but lack of homes for sale continues to hamper buyers
. House prices rise by 4.4% annually - up £8,700 on a year ago
. Monthly rise of 0.1% - but without seasonal adjustment prices fall £1,
000
. Shortage of homes for sale and modest housebuilding hitting buyers
By Jane Denton For Thisismoney
http://www.thisismoney.co.uk/money/mort ... nwide.html

House price inflation across the UK has slipped to its lowest level in almost a year, Nationwide revealed today, but a lack of homes for sale continues to hamper buyers. ...

Nationwide added that there were signs that demand in the property market was growing, despite economic uncertainty, as record low fixed mortgage rates supported buyers faced with high house prices. ...


BBC

House price growth slowest since January, says Nationwide
http://www.bbc.co.uk/news/business-38166731

Annual house price growth has slowed to its lowest rate since January, according to the UK's second largest mortgage lender, the Nationwide.

Prices in November were 4.4% higher than a year earlier, compared with a 4.6% increase in October.

The building society said prices rose by 0.1% from the month before, with the average cost of a home now £204,947. ...

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