Property News · April 28, 2017

UK house prices fall again in April as buyers feel Brexit squeeze


Average price of a home fell by 0.4% to £207,699 as rising inflation and low wage growth hit home, says NationwideUK house prices fell for a second month in a row in April in a sign that the squeeze on family incomes is starting to weigh on the property market.The average price of a home fell by 0.4% over the month to £207,699, following a 0.3% drop in March, according to Nationwide. It was the first time that prices fell in two consecutive months in nearly five years and drove down the annual rate of house price growth to 2.6%, the weakest since June 2013. Continue reading…

Source : theguardian.com
Read more…UK house prices fall again in April as buyers feel Brexit squeeze

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