You are here: Home - Uncategorized -

House price growth slows in April

0
Written by:
27/04/2006

Nationwide’s latest house price report found annual house price growth fell back below 5% during April, with inflation slowing to 0.1%, from 1.1% in March.

According to the results, the typical house price in the UK now stands at £163,573 – almost £7,500 more than this time last year. This is the equivalent to an increase of £20 per day over the last 12 months, according to the building society.

Demand remains fairly resilient in the housing market and while house purchase approvals fell back in February, from 121,000 to 115,000, this remains at a buoyant level of activity and well above the 10 year average of 100,000 per month, the report said.

“Looking forward, we continue to expect some month-to-month volatility in the house price numbers as the market settles down after the unseasonably strong winter months and adjusts to the economic conditions the horizon,” Fionnuala Earley, Nationwide’s group economist, commented.

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
UK pets are one of the family

The UK’s pets are treated as one of the family with 47% of owners regarding them like their own children,...

Close