UK house price growth cools unexpectedly in May – Nationwide

 · UK inflation cools to 1-year low, raising questions over possible Bank of England hike in May. The ONS also said house prices in February rose by 4.4 percent year-on-year across the United.

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The Nationwide, which is the UK’s largest building society, said house prices in Northern Ireland increased by 5.8 per cent last year while the average UK house price growth was just 0.5 per.

The average UK house price is now just over £210,000. The fall follows unexpectedly positive figures in January. robert gardner. digit growth. February could go down as the month the big freeze on.

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The average UK house price rose to £189,002 in December. Photograph: Andrew Matthews/PA The pace of house price growth slowed sharply in the last three months of 2014, according to Nationwide Building.

 · UK house prices fell in February for the first time in five months, according to research by Nationwide. Average house prices fell 0.1% from £188,446 in January to £187,964, said the UK’s second biggest mortgage lender. Annual house price growth slowed for the sixth month in a row to 5.7%, its lowest since September 2013.

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LONDON, May 8 (Reuters) – British house price growth unexpectedly cooled in April, mortgage lender halifax said on Tuesday, adding to signs of weakness in the housing market and the consumer economy.

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 · It then tips London to post the lowest regional house price growth over the next five years, at 10.2 per cent, compared to a 19.3 per cent UK average forecast. That overall forecast is a cut from earlier this year, however, when Savills said house prices would rise 25 per cent by 2018.

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