UK house price growth cools unexpectedly in May – Nationwide

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The number of mortgage approvals also increased unexpectedly, rising to 67,042 in May. lender Nationwide said it was too early to judge the impact of the referendum result on the housing market, as.

LONDON (Reuters) – British inflation jumped unexpectedly to a. increase since August 2013. House prices in London alone fell 0.7 percent year-on-year in July, the biggest drop since September 2009..

UK house prices bounced back in June after three months of falls, Nationwide saysCredit: Getty Images. Annual house price growth – which gives a better sense of the underlying trends – continued pointing to modest gains as it edged up to 3.1 per cent from 2.1 per cent in May, above the consensus.

UK house prices rose 2.4 per cent in May compared with the same month last year, which was a slower rate of growth than expected, according to the new data. Robert Gardner, Nationwide’s chief economist, said the fact that annual house price growth has stayed within a "fairly narrow range" of.

 · In June, the average house price in the UK hit £216,515, a shade higher than May and 0.5% up on the same month last year. It’s the seventh month in a row house prices have been less than 1% above.

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LONDON (Reuters) – House prices rose just 0.1 percent on the month in June, down from a 0.5 percent rise in May, the Nationwide building society. figures on Tuesday showed mortgage approvals.

THE RATE OF house price growth in Dublin "unexpectedly slowed" in December, bucking the trend of accelerating price growth throughout 2016. The latest property price index from the central statistics office (cso) shows there was a nationwide drop of.

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‘The acceleration in annual house price growth is a little surprising, given signs of softening in the household sector in recent months,’ said Robert Gardner, Nationwide’s chief economist. But he does not believe it is a sign of a sudden boom as surveyors report that new buyer enquiries have remained.

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