Rate rises 'slowing house prices'
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The rate of house price growth more than halved in June in the face of higher interest rates, a report claims.
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Mortgage lenders have hit back at accusations that they are responsible for the rapid rise in house prices.
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Hopes that interest rates have peaked grew after minutes of this month&#39;s monetary policy committee meeting, released yesterday, showed support for the view that the housing market and consumer spending are starting to slow.
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Mortgage rates around the country rose this week but are still at levels that should continue to provide support to the vibrant housing market, analysts say.
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UK mortgage lending rose at the slowest pace in more than two years in August, the British Bankers&#39; Association said, adding to signs that five interest rate increases since November are cooling the housing market.
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House prices rose by 0.2 per cent in September but the market remains subdued, says the Nationwide... September&#39;s rise follows August&#39;s modest 0.1 per cent increase, but annual house price inflation over the
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Mortgage rates inched up last week, but they remained well below the year-high levels set during the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year
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Interest rates may have peaked, the Bank of England has signalled as it warned that house prices could fall further in the coming months.
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Average house prices rose 3.2 percent  in the second quarter from a year ago, representing the slowest  appreciation in a decade, the Office of Federal Housing  Enterprise Oversight said on Thursday.
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UK house prices in July grew at their fastest pace in a year as higher interest rates failed to damp demand for property, a government survey showed.
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House price growth remained subdued in September, offering further proof of a slowdown in the property market, figures showed today.
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UK house prices rose by 0.8% in January,  the Halifax says, but the annual rate of increase falls to its lowest rate since December 2001.
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Business & money: House price inflation in UK last month eased to its lowest level since March, mortgage lender says.
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A DOVISH inflation report from the Bank of England yesterday further fuelled talk that interest rates have now peaked amid concerns from the central bank that a decline in house prices might be sharper than expected.
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US house prices grew at the slowest rate in thirty years in the second quarter, according to a closely-watched report from the Office of Federal Housing Enterprise Oversight , providing further evidence of a cooling US housing market.
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The housing market is slowing as higher interest rates bite, says the Royal Institution of Chartered Surveyors.
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UK inflation slowed to 2.4% in June, official figures show, fanning fears that interest rates will rise later this year.