{"id":116830,"date":"2020-06-02T14:05:22","date_gmt":"2020-06-02T07:05:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-amid-coronavirus-crisis\/"},"modified":"2020-06-02T15:04:03","modified_gmt":"2020-06-02T08:04:03","slug":"uk-house-prices-fall-at-fastest-rate-since-2009-amid-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-amid-coronavirus-crisis\/","title":{"rendered":"UK house prices fall at fastest rate since 2009 amid coronavirus crisis"},"content":{"rendered":"<p>&#013;<br \/>\nBiggest monthly drop since financial crash as potential buyers delay for six monthsHouse prices across the UK fell at the fastest rate since the financial crisis last month, as would-be buyers said they would wait six months before returning to the housing market.The average price of a home dropped 1.7% in May from the previous month to \u00a3218,902, according to\u00a0Nationwide\u00a0Building Society, one of the UK\u2019s largest mortgage lenders. This comes after April\u2019s 0.9% gain and is the the biggest monthly fall since February 2009. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2020\/jun\/02\/uk-house-prices-fall-coronavirus-nationwide\" target=\"_blank\">UK house prices fall at fastest rate since 2009 amid coronavirus crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Biggest monthly drop since financial crash as potential buyers delay for six monthsHouse prices across&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-116830","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uom","jetpack-related-posts":[{"id":139002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-says-nationwide\/","url_meta":{"origin":116830,"position":0},"title":"UK house prices fall at fastest rate since 2009, says Nationwide","date":"September 1, 2023","format":false,"excerpt":"\r August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021Business live \u2013 latest updatesUK house prices fell 5.3% in August compared with the same month last year, the fastest annual drop in 14 years, according to Nationwide Building Society.The lender\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-grow-at-fastest-rate-for-17-years\/","url_meta":{"origin":116830,"position":1},"title":"UK house prices grow at fastest rate for 17 years","date":"March 31, 2022","format":false,"excerpt":"\r Prices boom across all of UK with average price up by \u00a333,000UK house prices grew at the fastest annual pace since 2004 in March, continuing the ascent to new record levels \u2013 a fifth higher than at the start of the coronavirus pandemic.Prices rose by 14.3% in the year\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-by-10-amid-stamp-duty-holiday-rush\/","url_meta":{"origin":116830,"position":2},"title":"UK house prices rise by 10% amid stamp duty holiday rush","date":"July 14, 2021","format":false,"excerpt":"\r Desire for larger homes and outdoor space during the pandemic help drive growth in the year to MayUK house prices rose by 10% in the year to May, the fastest rate since before the 2008 financial crisis, as buyers scrambled to take advantage of the stamp duty holiday in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2009\/","url_meta":{"origin":116830,"position":3},"title":"UK house prices fall at fastest annual rate since 2009","date":"March 31, 2023","format":false,"excerpt":"\r Figure for average property drops 3.1% to \u00a3257,122 over year to March, says NationwideBusiness live updates: UK house prices in biggest fall since 2009UK house prices have fallen at their fastest annual rate since the aftermath of the financial crisis in 2009, with experts at Nationwide warning that the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-pace-since-2020-amid-fallout-from-mini-budget\/","url_meta":{"origin":116830,"position":4},"title":"UK house prices fall at fastest pace since 2020 amid fallout from mini-budget","date":"December 1, 2022","format":false,"excerpt":"\r Nationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell at the fastest pace in two and a half years in November as the fallout from Liz Truss\u2019 disastrous mini-budget put buyers off according to Nationwide, which warned inflation and rising interest rates would\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-rail-strikes-begin-across-england-business-live\/","url_meta":{"origin":116830,"position":5},"title":"UK house prices fall at fastest rate since 2009; rail strikes begin across England \u2013 business live","date":"September 1, 2023","format":false,"excerpt":"\r Live, rolling coverage of business, economics and financial markets as home prices drop by 5.3% from peak last yearGood morning, and welcome to our live coverage of business, economics, and financial markets.UK house prices fell by 5.3% from their peak in August 2022 to this year, the fastest 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