UK house price growth cools unexpectedly in May – Nationwide

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Mortgage lender Nationwide said house prices rose 2.1 percent year-on-year in August, slowing from 2.9 percent in July and matching May’s four-year low. A Reuters poll of economists had pointed to.

The United Kingdom has seen a slowing of the price growth on houses over the last seven months. The Bank of England is expected to raise interest rates again in May to a new high of 0.75 percent. Read more: UK house price growth unexpectedly slows to 7-month low -Nationwide.

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House prices rose 2.1 percent in the year to March, weaker than all forecasts in a Reuters poll of economists that had pointed to growth of. rates again in May to a new post-financial crisis high.

The pace of growth in the U.S. services sector slowed in June to its weakest level in over three years as new orders nearly stalled, though a Growth in the vast services sector has been more resilient than its manufacturing counterpart in recent months and has stayed in expansion territory since the.

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UK house prices cooled unexpectedly. to mortgage lender Nationwide. Property prices rose 0.6pc compared with May last year – slower than the 0.9pc rise in April. It was the sixth consecutive month.

British house price growth unexpectedly cooled in April to 2.2% Y/Y in April compared to the consensus of 3.3%, adding to signs of weakness in the housing market and the consumer economy more broadly. Housing prices fell 3.1% M/M following 1.6% rise in March.

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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UK Annual house price growth accelerated to 3.2% at the start of 2018, compared to 2.6% at the end of 2017. Rather than being an indicator of increasing sales and increasing household confidence, Robert Gardiner, Nationwide’s Chief Economist, said: "The flow of properties coming onto estate.