British house prices fell for a third consecutive month
in May for the first time since 2009, according to a survey on Thursday that
underlines the housing market's slowdown since last year's Brexit vote. House
prices fell 0.2 percent month-on-month in May, compared with a 0.4 percent drop
in April, mortgage lender Nationwide said. A Reuters poll of economists pointed
to a drop of 0.1 percent. Year-on-year, house prices were 2.1 percent higher,
marking the weakest annual growth since June 2013 and slowing sharply from
growth of 2.6 percent in April. Read more on the Reuters website.
No comments:
Post a Comment