Wednesday, Sep 02, 2015

Losing momentum?

Guardian: Annual house price growth at slowest point for two years

The annual rate of house price growth was the weakest for two years in August, said Nationwide, despite a 0.3% monthly rise in prices.
The Nationwide’s findings on house prices reflect a much more modest growth than that documented by rival Halifax.
Earlier this month, Halifax reported that house prices are almost 8% higher than they were a year ago and are likely to rise again over the coming months.

Posted by debtserf @ 11:44 AM (3324 views)
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3 Comments

1. hpwatcher said...

In the areas I am watching, it's DEFINITELY slowing. Lots of reductions, lots of ''unexpectedly re-available'' lots of property hanging around.

Still seeing daft asking prices, but soon followed up with constant reductions.

Wednesday, September 2, 2015 10:51AM Report Comment
 

2. mombers said...

"The annual rate of house price growth was the weakest for two years in August"
Weakest? Surely there's a better adjective for this? Maybe it should read
"The annual rate of house price INFLATION was the LOWest for two years in August"
The yawning gap between my flat and a house (if I'm ever able to move) is still growing, just at a less damaging pace. As someone not at the top of the so-called 'ladder' and not owning more than one, every increase in property prices is bad news for me and worse news for renters.

Wednesday, September 2, 2015 12:36PM Report Comment
 

3. libertas said...

Enfield is still rocking on at around 15% per annum, along with Harrow and Barking and Dagenham, where the suburbs play catch up as London's population soars towards 10 million people.

Sunday, September 6, 2015 08:21PM Report Comment
 

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