British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum as borrowing costs fall, mortgage lender Nationwide said today.

tag:reuters.com,2013:binary_LM1E9730YCZ01-BASEIMAGE

RTÉ

Ireland

UK house prices edge up in October, Nationwide says

https://www.bbc.com/news/articles/cq52z84v0gyo Home sales will “jump” at the beginning of next year as people try to buy before the rise in stamp duty, one of the UK’s biggest lenders has predicted.From March 2025, changes introduced in Wednesday’s Budget mean many will pay the tax when they would not have done previously.Nationwide said this would affect one fifth of first-time buyers.However… Source

Ad Fontes Media

All Sides

Media Bias/Fact Check

BBC News

Government of the United Kingdom

United Kingdom

House sales will jump ahead of stamp duty rise, says Nationwide

UK house price growth slowed down in October ahead of big stamp duty change, according to Nationwide. The building society said that the stamp duty changes outlined in the Budget will “dampen demand”.  UK house price growth slowed down in October ahead of big stamp duty changeAlamy Nationwide said the average price of a property increased by just 0.1% last month – down from a growth of 0.7% in September. The annual growth rate was 2.4% last mont…

The Sun

Murdoch family

UK house price growth slows ahead of stamp duty change that will 'dampen demand'

Government of Ireland

The annual growth rate was 2.4% last month, as market activity ‘remained relatively resilient’, according to Nationwide.

Shropshire Star

MNA Media

Ketley

Shropshire

England

House price growth slows in October after September high

Nationwide has issued an urgent warning to people thinking of selling their house - explaining how it predicts a buyer rush before spring in the wake of the Labour Party Budget.

Birmingham Mail

Reach plc

Birmingham

West Midlands

Nationwide issues warning to anyone thinking of selling their house

LONDON (Reuters) –     British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum as borrowing  costs fall, mortgage lender Nationwide said on Friday. Economists polled by Reuters had forecast prices would rise by 0.3% on a monthly basis. Compared with October last year prices were 2.4% higher, a weaker annual increase than S…

WTVB

Midwest Communications

Blue Water Healthy Living

Port Huron

St. Clair County

Michigan

United States

House price growth slowed in October, with valuations rising 0.1% month on month, according to an index by Nationwide. The annual growth rate was 2.4% last month, easing back from a two-year high of 3.2% in September, the building society said. The average UK house price in October was £265,738, according to the figures. Robert Gardner, Nationwide’s chief economist, said: “Housing market activity has remained relatively resilient in recent month…

Jersey Evening Post

Claverley Group

UK HOUSE prices rose less than expected in October, said one of the country’s biggest mortgage lenders, suggesting that the property market was already losing momentum before the shock Budget on Wednesday (Oct 30).

Business Times

UK house prices barely rose in month before Budget, lender says

The latest Nationwide HPI data has revealed that UK house prices rose 0.1% month on month in October with the annual growth rate slowing to 2.4%, from 3.2% in September. HeadlinesOct-24Sep-24Monthly Index*529.6529.0Monthly Change*0.1%0.6%Annual Change2.4%3.2%Average Price(not seasonally adjusted)£265,738£266,094 * Seasonally adjusted figure (note that monthly % changes are revised when seasonal adjustment factors are re-estimated) Commenting on …

UK house prices edge up in October, Nationwide says

Coverage Details

Give the gift of Perspective

Bias Distribution

Ownership

Similar News Topics

Similar News Topics