halifax report: UK property market ‘subdued’ with falling house prices | Property | Life & Style

GETTY The property market slowed in April, in London, the South East and South West The report, released this morning, contains the results of the monthly questionnaire issued by RICS to its members and indicates that the market slowed in April, not just in London and the South East as was the case previously, but now in other parts of the country such as the South West, which has seen property prices fall on average for the first time since May 2013.   However, other parts of the UK, such as…

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UK Property: Activity subdued but property values are still holding in April | Property | Life & Style

According to latest data released by mortgage lender the Nationwide this morning, house prices edged up month on month by 0.2 per cent, with the annual rate of growth now standing at 2.6 per cent. The figures, which are based on property valuations at post Survey mortgage approvals stage, would indicate that the UK average property price rose from £211,625 in March to £213,000 in April. Looking back to April 2017, the average property price was £207,699. Robert Gardner, Nationwide’s Chief Economist, commented “These figures are broadly in line with…

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