UK house prices slump in May as confidence remains ‘subdued’

UK house prices slump as confidence remains subdued wednesday 05th june 2019 05:39 EDT A survey by Nationwide revealed that property prices have dropped by 0.2% in May after adjustment for seasonal factors, sliding from positive monthly growth in April.

House prices went into reverse in May as a faltering economy. Surveyors continue to report subdued levels of new buyer enquiries, while the supply of properties on the market remains more of a.

UK house price growth remained flat in June as Brexit uncertainty continues to hamper the market.Annual house prices rose by just 0.5% in June – down from 0.6% the previous month, according to.

That left the average UK house price at £213,102. Nationwide chief economist Robert Gardner said: “Measures of consumer confidence weakened around the. But if MPs back Theresa May’s Brexit deal at.

He added: "As we move into 2019, we expect to see a slow but positive shift in the market, as supply and demand increases and confidence is regained both nationally and internationally in the UK.

UK house prices slumped in May as consumer confidence "remained subdued", according to a new survey. Property prices dropped 0.2% month on month in May, after adjustment for seasonal factors, sliding from positive monthly growth in April, according to the latest Nationwide house price index.

 · UK house prices slumped in May as consumer confidence “remained subdued”, according to a survey. Property prices dropped 0.2 per cent month on month in May, after adjustment for seasonal factors, sliding from positive monthly growth in April, according to the latest Nationwide house price index.

 · UK house prices slumped in May as consumer confidence “remained subdued”, according to a new survey. Property prices dropped 0.2% month on month in May, after adjustment for seasonal factors.

UK house prices slump in May as confidence remains ‘subdued’ Average cost of home slides to 214,946

The average house price stood at £213,618 in May, slightly up from April’s £213,000. Nationwide’s figures chime with official data that point to a slowing market, driven by London.

Meanwhile the GBP remains. a slump in the manufacturing sector. Monday also saw the release of the UK manufacturing production figures for December which slipped by 0.7%, further dampening.

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