UK housing market activity has "remained subdued", the Nationwide says, as annual house price growth slowed for the seventh month in a row.
Annual price growth fell to 5.1% in March, down from 5.7% the month before.
House prices edged up 0.1% in March itself, the building society said, taking the average price to £189,454.
While price growth moderated across the UK, London and the south east of England continued to see the strongest growth.
However, Nationwide noted there was a "noticeable softening this quarter, particularly in London".
Robert Gardner, Nationwide's chief economist, said: "Economic conditions have remained supportive, with labour market conditions continuing to improve and mortgage interest rates close to all-time lows.
"Nevertheless, the pace of housing market activity has remained subdued, with the number of mortgages approved for house purchase in January around 20% below the level prevailing one year ago."
Anda sedang membaca artikel tentang
Housing market activity 'subdued'
Dengan url
https://sarapanoatmeal.blogspot.com/2015/03/housing-market-activity-subdued.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Housing market activity 'subdued'
namun jangan lupa untuk meletakkan link
Housing market activity 'subdued'
sebagai sumbernya
0 komentar:
Posting Komentar