Property News · January 3, 2017

UK house price rises to slow this year, says Nationwide


British house prices rose faster than expected in December, but the pace of growth is likely to slow this year amid uncertainty about economic developments, mortgage lender Nationwide said.
Annual gains stood at 4.5 per cent in December, up from 4.4 per cent in November. Economists polled this month by Reuters had expected to see growth of 3.8 per cent.
Britain’s property market slowed immediately after the vote in June 2016 to leave the European Union, but since then the economy has…

Source : South China Morning Post
Read more…UK house price rises to slow this year, says Nationwide

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