House price growth 'slowing down'
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The brakes are still on as the Northern Ireland housing market slows up, the latest figures suggest.
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House prices rose by 0.3% in January, the Nationwide says, their slowest pace for eight months.
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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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The pound has remained on a back foot after a surprise fall in retail sales and house price growth this morning.
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The monthly figures may provide some relief however, that the UK housing market is not showing signs of a sustained downward trend after last month&#39;s figures showed a drop in prices of 0.1pc from August.
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WASHINGTON -- U.S. home prices continued to rise in the second quarter but showed the biggest slowdown in three decades, federal regulators reported Tuesday.
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Government data shows UK house price inflation rose 13.8% in the year to November but economists expect to see a slowdown in the months ahead.
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A swathe of figures have provided further evidence of a slowdown in the UK property market. The Council of Mortgage Lenders (CML), British Bankers Association (BBA) and Building Societies Association (BSA) all said mortgage lending was slowing.
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House price inflation appears to have reached a plateau, according to government statistics.
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House prices will suffer a &quot;modest&quot; fall over the next couple of years, the Bank of England warned yesterday as it cut its forecast for economic growth.
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Consumer inflation dipped unexpectedly last month thanks to falling gasoline prices while new home construction hit a 12-year low as the housing slump continued to dim the outlook for growth.
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UK house prices grew by 0.1% in August, the slowest monthly increase for almost three years, the Nationwide building society says.
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New figures suggest buying to let - a phenomenon of the housing boom - could be waning.
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The UK's rampant house price inflation is likely to slow down dramatically in the next year or two, a report says.
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House price inflation is now easing off, according to the latest monthly survey from the Halifax.
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The Land Registry confirms the housing market slowed down in the last quarter of 2004.
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Figures showed property price falls for the fourth consecutive month, down 0.6 per cent according to latest research, which predicts more falls to come.