House prices still higher than a year ago but market starting to cool, says Nationwide

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 67%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Earlier this week, the Bank of England said that mortgage borrowing fell by 36% in April in another signal that the red-hot housing market is starting to lose momentum in the face of rising inflation and a cost of living crisis.

House prices are still much higher than this time last year, according to Nationwide Building Society, but the pace of growth has slowed for the third month in a row.

"Household finances are likely to remain under pressure with inflation set to reach double digits in the coming quarters if global energy prices remain high," said Robert Gardner, Nationwide chief economist.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 35. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

UK house price slowdown ‘on way’; business confidence hit by inflation and Brexit – business liveRolling coverage of the latest economic and financial news Reminder: 'Slow down' is property prices continuing to go up, but at a slower rate than before. eu did say they will make sure we fail post brexit, they are true to their word No . Brexit is an excuse to divert attention from the government’s absolute F ups. It’s all been caused by looney covid lockdowns crashing the economy and then the obscene amounts of money printing during that time.
Источник: The Guardian - 🏆 84. / 53 Прочитайте больше »