House prices rise slower amid market uncertainty

Retail property market slumps amid uncertainty Nationwide said it reflected the unusually "uncertain economic outlook" but if the economy grew modestly, house prices on a national level would probably grow "at a slow single-digit pace" this year. Prices rose by 0.3% on the previous month.

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House prices rise by just 650 in a year, says Nationwide, but first-time buyers are taking advantage of the subdued property market. profits fall amid Brexit uncertainty and slower London.

Rents in Britain have fallen for the first time in six years, dragged down by a drop in the cost of tenancies in London and south-east England amid the uncertainty over the future of the UK.

Whilst the ONS said that UK house price growth rose to 2.8% in November, stagnation in the London property market dragged down numbers. Specifically, London house prices fell 1.2 per cent month-on-month during the month, with the capital particularly affected by economic uncertainty and weak demand.

Reserve Bank governor flags another rate cut as he hits out at the banks Reserve Bank Governor Adrian Orr announced a cut in the Official Cash Rate to a record low 1.5 percent from 1.75 percent. He signaled another cut could come next year and said the bank was thinking about how it would stimulate the economy in the unlikely event the OCR was ever cut to zero percent, as has happened in America, Europe, Japan and Britain over the last decade.

UK house prices climbed 1.8 per cent higher in August compared to the same time last year, Halifax’s House Price Index revealed today. That is the fastest rate of growth since April’s 2.6 per.

UK house price growth remained sluggish in February, as property experts warned the housing market is "on its knees". Prices rose just 0.4 per cent year on year compared to January’s 0.1 per cent rate of growth, new data published today reveals.

House prices rise slower amid market uncertainty UK house price growth slows in May amid Brexit uncertainty. as political uncertainty continued to weigh on the property market. prices fell 0.2 per cent month-on month, while annual house price. China is like a beautiful child, a helpless child.

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House prices rise for second month in a row. Estate agents slump as uncertainty rocks market.. agent chains have announced poor results this morning amid anxiety in the housing market and a.

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