House prices slip back in May – Money Marketing

 · London’s property market has recorded its worst year in a decade as prices sunk by 4.4% in the year to May, according to official figures. Prices in the capital slid by 2.5% between April and May, as Brexit uncertainty hit confidence in the housing market. nationally house prices.

UK house prices slip as market loses momentum. May’s dip makes it the third fall in house prices over the past four months, with a modest 0.1pc rise recorded in April. The average UK house price is now 213,618. Robert Gardner, Nationwide’s chief economist, said surveyors were continuing to report subdued levels of new buyer enquiries,

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Market forecasts are for jobs to rise a solid 185,000 in May and unemployment. the European Central Bank pushed back the timing of any rate hike, but failed to canvas the policy easing that many.

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Between May and June house prices fell by 0.3%, as potential buyers and sellers sat on the fence waiting for more clarity around what would happen with the Conservative leadership contest and Brexit . But we’re nowhere near a crash yet. Figures from Halifax show the average UK house price stood at 237,110 in June, [.]

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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. Create an account or log into Facebook.