Interest rates start to bite as house price growth slows to three ...
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House prices grew by just 0.1% in August, their weakest in almost three years, the Nationwide said yesterday, providing further evidence that the house price boom has hit the buffers.
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Higher interest rates significantly slowed down house price growth in June, a leading survey says today, adding to mounting evidence that the housing market is running out of steam.
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Business & money: Signs that four increases since August are starting to bite as housing market cools.
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House prices are falling at their steepest rate for nine years, prompting speculation that interest rates may have peaked. About 30 per cent more chartered surveyors
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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 grew by 1.3% in September, the Nationwide says, lifting the annual growth rate to 8.2%.
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Home prices have plunged by 10 percent or more in some parts of the United States and interest rates on mortgages are at enticing levels, but many potential buyers are waiting for prices to fall further.
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Business & money: Sixth successive month of price falls, and mortgage lending at two-year low despite rate cuts
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Applications for home mortgages jumped  for a third consecutive week as plunging interest rates  encouraged more homeowners to seek refinancings, an industry  group said on Wednesday.
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Low interest rates fueled the housing boom and the overall economy, but the price of money is edging upâpotentially threatening the nation's financial strength.
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Business & money: Investors continue to pile into property market in spite of rising interest rates.
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The pound slipped below the 2.00 dollar threshold for the first time in three months amid mounting speculation that the Bank of England is set to slash interest rates over the next few months.
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Fears of a house price crash and the impact of cheap imports have tempered Bank of England expectations of an inflationary spurt. The Bank&#39;s Monetary Policy Committee, in its quarterly
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LONDON British house prices fell in August, indicating that five interest rate increases since November have started to slow property demand.
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UK interest rates have been kept on hold at 4.75% following the latest meeting of the Bank of England&#39;s rate-setting committee.
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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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Â· High interest rates biting, surveyors' report finds Â· Only London property prices rising