House prices fall as buyers feel the strain

House prices fall as buyer slump continues UK house prices went into reverse in May according to data from Nationwide. 31 May, 2018 09:00. house prices went into reverse in May as a faltering.

UK house prices fall again in April as buyers feel the pinch By Angela Monaghan Average price of a home fell by 0.4% to 207,699 as rising inflation and low wage growth hit home, says Nationwide

Related Story: Falling house prices expose borrowers to higher risk of. There's no denying would-be buyers no longer have access to easy cash.. But while the economy is still expanding, why are households feeling the pinch?. of this year, as is likely, it will place strains, not just on the banking system,

An Open House sign directs prospective. Prospective buyers “don’t feel motivation to buy something now,” because mortgage rates are not showing any sign of an imminent rise. Plus, the average price.

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Mortgage rates keep falling as buyers strain to take advantage. While rising home prices have been a buzzkill for buyers, low mortgage rates offer an incentive to go house-hunting now. Existing homeowners might consider refinancing to score a lower rate. And you may want to act soon; industry analysts expect interest rates to go up later this year.

Prior to May, there was a 0.2% drop in April and a 0.3% fall in March. Though house prices are still 2.1% higher than they were at the same time last year. (Though this is the lowest growth figure in four years) The reasons behind the recent house price index drop could be a number of things.

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UK house prices stabilise, but buyers still wary – Rightmove. Other house price measures have shown a slowdown in growth this year, mirroring a weakening of the economy as consumers feel the.