{"id":47039,"date":"2017-03-07T21:25:33","date_gmt":"2017-03-07T14:25:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-were-rising-too-fast-bring-on-the-slowdown-nils-pratley\/"},"modified":"2017-03-07T21:34:21","modified_gmt":"2017-03-07T14:34:21","slug":"uk-house-prices-were-rising-too-fast-bring-on-the-slowdown-nils-pratley","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-were-rising-too-fast-bring-on-the-slowdown-nils-pratley\/","title":{"rendered":"UK house prices were rising too fast \u2013\u00a0bring on the slowdown | Nils Pratley"},"content":{"rendered":"


\nNews that the market is cooling may not please homeowners looking to sell, but we were heading towards dangerous watersEncouraging news from the housing market: cooler winds are blowing. The rate of growth in prices fell in February to the lowest for three-and-a-half years, according to the Halifax\u2019s index. This development may not delight homeowners looking to sell in a hurry but, for anybody with a wider or longer perspective, a slowdown is exactly what the UK needs.Annual house price inflation a year ago had reached the silly level of 10%, far too fast for an economy growing at about 2%. A correction was overdue and the steady decline to 5.1%, down from 5.7% in January, restores a degree of sanity. A rate of 5% is still too high given that average earnings are currently growing at 2.5%, but most economists think house price inflation should slow to 2% by the end of this year. Bring it on. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK house prices were rising too fast \u2013\u00a0bring on the slowdown | Nils Pratley<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

News that the market is cooling may not please homeowners looking to sell, but we...<\/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-47039","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-ceH","jetpack-related-posts":[{"id":64580,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slowdown-in-london-house-price-growth-ebbs-as-bristol-sees-steep-fall\/","url_meta":{"origin":47039,"position":0},"title":"Slowdown in London house price growth ebbs as Bristol sees steep fall","date":"August 25, 2017","format":false,"excerpt":"\r Upward pressure on prices in capital is returning as Bristol becomes UK city with biggest drop in property price growthThe slowdown in the growth of London house prices appears to be abating, leaving Bristol as the UK city with the biggest drop in property prices expansion last month, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64848,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/slowdown-in-london-house-price-growth-eases-bristol-posts-biggest-drop\/","url_meta":{"origin":47039,"position":1},"title":"Slowdown in London house price growth eases; Bristol posts biggest drop","date":"August 29, 2017","format":false,"excerpt":"\r The slowdown in the growth of London house prices appears to be abating, leaving Bristol as the UK city with the biggest drop in property prices expansion last month, according to new figures. Upward pressure on prices in the capital is returning following weak annual growth since the start\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-slowdown-hits-market-confidence-as-asking-prices-fall\/","url_meta":{"origin":47039,"position":2},"title":"UK housing slowdown hits market confidence as asking prices fall","date":"July 17, 2023","format":false,"excerpt":"\r Homeowners\u2019 worries are affecting national mood, poll shows, as figures reveal small drop in pricesHomeowners\u2019 worries about falling house prices are affecting the national mood, according to a poll supported by a separate survey showing a small drop in asking prices.Consumer confidence fell by 1.7 points to 101.6 in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171268,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rose-sharply-in-march-but-iran-war-expected-to-cause-slowdown\/","url_meta":{"origin":47039,"position":3},"title":"UK house prices rose sharply in March but Iran war expected to cause slowdown","date":"March 31, 2026","format":false,"excerpt":"\r Price of typical UK home increased by 0.9% in March, but surging mortgage rates amid conflict in Middle East is expected to put break on activityBusiness live \u2013 latest updatesUK house prices increased at the fastest rate in almost 18 months in March, although surging mortgage rates amid the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fell-in-august-halifax-says\/","url_meta":{"origin":47039,"position":4},"title":"UK house prices fell in August, Halifax says","date":"September 7, 2016","format":false,"excerpt":"\r Average price of home drops to \u00a3213,930 as summer sales slowdown pushing annual growth rate down to 6.9%House prices fell in August, amid signs of a slowdown in sales over the summer, according to the latest figures from the UK\u2019s biggest lender.Prices fell by 0.2% over the month, to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119814,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-prices-rise-at-fastest-rate-since-2016\/","url_meta":{"origin":47039,"position":5},"title":"UK property prices rise at fastest rate since 2016","date":"January 20, 2021","format":false,"excerpt":"\r Lifestyle shifts and government measures boost market despite economic slowdown\r \r Source : ft.com\r Read more...UK property prices rise at fastest rate since 2016","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\/47039"}],"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=47039"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/47039\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=47039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=47039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=47039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}