{"id":127476,"date":"2022-06-30T14:29:28","date_gmt":"2022-06-30T07:29:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-prices-hit-record-high-in-june-but-slowdown-signs-emerge\/"},"modified":"2022-06-30T14:58:55","modified_gmt":"2022-06-30T07:58:55","slug":"average-uk-house-prices-hit-record-high-in-june-but-slowdown-signs-emerge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-house-prices-hit-record-high-in-june-but-slowdown-signs-emerge\/","title":{"rendered":"Average UK house prices hit record high in June but slowdown signs emerge"},"content":{"rendered":"


\nWeakening economy, cost-of-living squeeze and rising interest rates are cooling market, index showsThe growth of UK house prices slowed this month, an index shows, as the weakening economy, cost of living squeeze, and rising interest rates cooled the market.Prices were up by 10.7% in June, slowing from 11.2% in May, Nationwide building society said.South-west, \u00a3318,325, 14.7%East Anglia, \u00a3289,024, 14.2%Wales, \u00a3208,309, 13.4%North-west, \u00a3213,888, 13.3%West Midlands, \u00a3244,167, 11.8%Yorkshire and the Humber, \u00a3205,714, 11.8%East Midlands, \u00a3234,828, 11.4%Outer south-east (includes Ashford, Basingstoke and Deane, Bedford, Braintree, Brighton and Hove, Canterbury, Colchester, Dover, Hastings, Lewes, Fareham, Isle of Wight, Maldon, Milton Keynes, New Forest, Oxford, Portsmouth, Southampton, Swale, Tendring, Thanet, Uttlesford, Winchester, Worthing), \u00a3348,564, 11.1%Northern Ireland, \u00a3181,550, 11%North-east, \u00a3159,283, 10.6%Outer metropolitan (includes St Albans, Stevenage, Watford, Luton, Maidstone, Reading, Rochford, Rushmoor, Sevenoaks, Slough, Southend-on-Sea, Elmbridge, Epsom and Ewell, Guildford, Mole Valley, Reigate and Banstead, Runnymede, Spelthorne, Waverley, Woking, Tunbridge Wells, Windsor and Maidenhead, Wokingham), \u00a3433,558, 10.0%Scotland, \u00a3181,422, 9.5%London, \u00a3540,399, 6% Continue reading…
\n
\nSource : theguardian.com
\nRead more…Average UK house prices hit record high in June but slowdown signs emerge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Weakening economy, cost-of-living squeeze and rising interest rates are cooling market, index showsThe growth of...<\/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-127476","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-xa4","jetpack-related-posts":[{"id":312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-property-price-up-to-200000-latest-index-shows\/","url_meta":{"origin":127476,"position":0},"title":"Average UK property price up to \u00a3200,000, latest index shows","date":"December 31, 2015","format":false,"excerpt":"\r Property prices in the UK increased by 0.8% month on month in December to an average of \u00a3196,999 and up 4.5% year on year, according to the latest monthly index to be published.The data from home lender, the Nationwide, shows that after moderating during the first six months of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130591,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-mortgage-costs-to-push-down-house-prices-halifax-warns-business-live\/","url_meta":{"origin":127476,"position":1},"title":"Rising mortgage costs to push down house prices, Halifax warns \u2013 business live","date":"October 7, 2022","format":false,"excerpt":"\r House prices fell 0.1% in September, and lender warns that rising interest rates, cost of living squeeze and worsening affordability will create more downward pressureGood morning, and welcome to our rolling coverage of business, the world economy and the financial markets.The UK housing market is slowing, and the crisis\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138683,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-tough-out-there-cracks-in-uk-housebuilding-sector-grow-by-the-day\/","url_meta":{"origin":127476,"position":2},"title":"\u2018It\u2019s tough out there\u2019: cracks in UK housebuilding sector grow by the day","date":"August 7, 2023","format":false,"excerpt":"\r Insolvencies rocket as army of small firms \u2013 seen as backbone of the sector \u2013 struggle with falling demand, rising interest rates and higher costs\u201cIt\u2019s tough out there,\u201d says Steve Midgley, the managing director of Fairgrove Homes. His east Midlands firm, which builds about 50 homes a year, is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-drop-5-3-with-falls-in-every-region-says-nationwide\/","url_meta":{"origin":127476,"position":3},"title":"UK house prices drop 5.3% with falls in every region, says Nationwide","date":"October 2, 2023","format":false,"excerpt":"\r High interest rates blamed for year-on-year fall with price of average home \u00a314,500 lower than September 2022.UK house prices fell by 5.3% in the year to September, with drops in price in every region of the country as rising interest rates squeeze the market.The house price index by Nationwide,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-squeeze-will-slow-growth-considerably-business-live\/","url_meta":{"origin":127476,"position":4},"title":"UK house prices hit record high, but cost of living squeeze will slow growth \u2018considerably\u2019 \u2013 business live","date":"February 7, 2022","format":false,"excerpt":"\r Rolling coverage of the latest economic and financial newsHalifax: House prices hit record of \u00a3276,759 in JanuaryYounger generations face significant barriers to home ownershipExperts: House price juggernaut slowingSurging inflation will slow recovery in 2022, predicts EYTesco chairman warns of food price inflation at 5% by springUnions have urged the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":125758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-hit-record-high-but-cost-of-living-crisis-likely-to-cool-market\/","url_meta":{"origin":127476,"position":5},"title":"UK house prices hit record high but cost of living crisis likely to cool market","date":"April 7, 2022","format":false,"excerpt":"\r Shortage of homes for sale and \u2018race for space\u2019 drove average cost to 282,753 in March, says HalifaxUK house prices hit a record of \u00a3282,753 in March but are likely to ease over the next year as homebuyers face higher interest rates and the cost of living squeeze, Halifax\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127476"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=127476"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/127476\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=127476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=127476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=127476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}