House price growth flattens

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House price growth ‘flattens’ to the lowest rate since 2013. T he average UK house price is 218,390, according to Halifax, which also noted that this was the third successive quarterly fall, and it is the first time this has happened since November 2012. "House prices have flattened over the past three months," said Martin Ellis,

Prices marched higher again in May, as homebuyers faced more of the same during peak home buying season with year-over-year price growth at 6.4%. While home prices grew, the annual growth in home prices flattened, remaining unchanged from April, offering modest relief for house hunters.

Rightmove has predicted flat house price growth of 0% in 2019. It said the prediction is based on the sound fundamentals of the housing market.

Its latest house price index shows that average annual house price growth in the UK remained at 7.7% for September at 218,000. The east of England is the region which showed the highest annual growth, with prices rising by 12.1% to 277,000.

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Annual house price growth slows to a five-year low in June. UK annual house price softened to 2%. Prices up 0.5% during the month, after taking account of seasonal factors. London was the weakest performing region in Q2, with prices down 1.9% year-on-year.

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Finance flattens Housing finance was fairly flat in December at $32.9 billion, or down a notch excluding refinancing. Around the states Victoria and Tasmania look comfortably the strongest, with some moderate growth in Queensland, South Australia, and the ACT.

Housing market experts blamed Brexit uncertainty combined with “punitive” stamp duty costs. Across the UK as a whole, house price growth remains slow, with northern areas and Wales seeing stronger.

Provincial New Zealand appears to be finally catching up with the country’s previously hottest markets. As house price growth flattens out in Auckland, Christchurch and Hamilton, it appears the.

The Halifax House Price Index in the UK rose 5.7 percent year-on-year in the second quarter of 2019, following a 5.2 percent increase in the previous three-month period and below market expectations of 5.9 percent. Still, it was the biggest increase in house prices since early 2017. "Recent industry figures show demand looking slightly more stable, with mortgage approvals ticking along just.

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