Arab Today, arab today british house prices fall for the first time in 17 months
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

British house prices fall for the first time in 17 months

Arab Today, arab today

Arab Today, arab today British house prices fall for the first time in 17 months

British housing
London - XINHUA

British house prices dropped by 0.2 percent in September, the first month-on-month fall since April 2013.
The annual pace of house price growth also moderated to 9.4 percent from 11 percent in August, according to the data released on Tuesday by the Nationwide, one of Britain's largest mortgage lenders.
London experienced the largest deceleration, although at 21 percent year-on-year it is still leading the rest of the country by some margin.
It provided further evidence of a cooling housing market, said Matthew Pointon, Property Economist of the Capital Economics.
"Buyers have been discouraged by house prices which are very high compared to earnings, concerns over future interest rate rises and a lack of homes up for sale. That has led to a sharp reduction in the mismatch between active demand and supply, and accordingly it is no longer a seller's market," Matthew said.
Robert Gardner, Nationwide's Chief Economist, said that the outlook of British housing market remained uncertain.
"There have been tentative signs from surveyors and estate agents that buyer demand may be starting to moderate, but the low level of interest rates and strong labour market suggest that underlying demand is likely to remain robust," Robert said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british house prices fall for the first time in 17 months Arab Today, arab today british house prices fall for the first time in 17 months

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today british house prices fall for the first time in 17 months Arab Today, arab today british house prices fall for the first time in 17 months

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?

GMT 17:28 2017 Thursday ,18 May

Saudi stocks rise in heavy trading

GMT 21:37 2017 Wednesday ,17 May

US Stocks Close Mixed

GMT 04:58 2017 Wednesday ,17 May

Tadawul index gains 0.7%

GMT 06:20 2017 Tuesday ,16 May

Tadawul index climbs 0.6%

GMT 13:43 2017 Monday ,15 May

Oman share index declines marginally
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday