{"id":135712,"date":"2023-03-31T15:33:02","date_gmt":"2023-03-31T08:33:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2009\/"},"modified":"2023-03-31T15:40:49","modified_gmt":"2023-03-31T08:40:49","slug":"uk-house-prices-fall-at-fastest-annual-rate-since-2009","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2009\/","title":{"rendered":"UK house prices fall at fastest annual rate since 2009"},"content":{"rendered":"


\nFigure 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 squeeze on household budgets will make it hard to regain momentum any time soon.The price of an average property dropped 3.1% to \u00a3257,122 over the year to March, according to Nationwide Building Society\u2019s house price index. That is compared with a 1.1% annual decline in February. Continue reading…
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\nSource : theguardian.com
\nRead more…UK house prices fall at fastest annual rate since 2009<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Figure for average property drops 3.1% to \u00a3257,122 over year to March, says NationwideBusiness live...<\/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-135712","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-ziU","jetpack-related-posts":[{"id":135008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-annual-rate-since-2012\/","url_meta":{"origin":135712,"position":0},"title":"UK house prices fall at fastest annual rate since 2012","date":"March 1, 2023","format":false,"excerpt":"\r Year-on-year February 1.1% decline comes as average price of home drops to \u00a3257,406, says NationwideAnnual house price growth in the UK turned negative in February for the first time in almost three years, Nationwide data shows, falling to its lowest level since November 2012.The year-on-year 1.1% fall in prices\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-in-18-months-nationwide-reports\/","url_meta":{"origin":135712,"position":1},"title":"UK house prices rise at fastest rate in 18 months, Nationwide reports","date":"August 1, 2024","format":false,"excerpt":"\r Annual growth rate was 2.1% in July but building society says high mortgage rates still pose challengesUK house prices have grown at the fastest rate in 18 months but high mortgage rates mean many prospective buyers still face affordability challenges, Nationwide has said.The building society said the average house\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78659,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-in-10-months\/","url_meta":{"origin":135712,"position":2},"title":"UK house prices rise at fastest rate in 10 months","date":"February 1, 2018","format":false,"excerpt":"\r Average price now \u00a3211,756 as lack of new homes drives increase, says Nationwide UK house prices rose at the fastest annual pace in 10 months in January, bolstered by a lack of new homes coming on to the market, according to Nationwide.The average price of a home reached \u00a3211,756\u2026","rel":"","context":"In "Property News"","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":135712,"position":3},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-in-nearly-eight-years\/","url_meta":{"origin":135712,"position":4},"title":"UK house prices fall at fastest rate in nearly eight years","date":"May 8, 2018","format":false,"excerpt":"\r Prices tumbled by 3.1% in April to an average of \u00a3220,962, says HalifaxUK house prices posted their largest monthly drop in almost eight years in April in the latest sign the housing market is weakening, according to the country\u2019s biggest mortgage lender.The 3.1% drop, the biggest since September 2010,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139002,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-says-nationwide\/","url_meta":{"origin":135712,"position":5},"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 "Property 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