UK house prices fall for second month in a row
Nationwide said prices retreated by 0.4 per cent in April as higher mortgage rates put off prospective buyers
Source: thetimes.co.uk
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Average UK house price now just 4% below all-time high
UK property prices fell by 0.4% month-on-month in April
Source: independent.co.uk
Average UK house prices now sit 4% below all-time high, says Nationwide | Chester and District Standard
The building society said the typical property value fell for the second month in a row in April.
Source: chesterstandard.co.uk
Fed holds rates as it warns fight against inflation has hit a bump
The US is not suffering from “stagflation” and is growing well despite stubborn inflation, Federal Reserve chairman Jerome Powell has said.
Source: yahoo.com
Higher mortgage costs prompt further house price fall – Mortgage Strategy
Higher mortgage rates and cost-of-living pressures continue to weigh on the housing market, with property prices falling in April, according to the latest monthly data from Nationwide Building Society. The slowdown in the property market has gathered pace over the spring. Prices fell 0.4% in April, a larger drop
Source: mortgagestrategy.co.uk
UK house prices drop due to 'affordability pressures' and soaring mortgage costs
Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Source: cityam.com
Nationwide: mortgage rate hikes causing UK house prices fall
UK house prices have not enjoyed the usual spring bounce due to an uptick in mortgage rates, according to the building society.
Source: moneyweek.com
UK house prices dive as mortgage rates creep higher
As mortgage costs rise, UK house prices have experienced their sharpest decline in eight months ahead of impending elections.
Source: biznews.com
London close: Stocks fall ahead of US Fed decision
London markets closed lower on Wednesday, as investors digested the latest UK manufacturing data and anticipated an impending policy announcement from the US Federal Reserve.
Source: sharecast.com
Pound New Zealand Dollar (GBP/NZD) Holds Gains Ahead Of Fed Decision
The Pound New Zealand Dollar (GBP/NZD) exchange rate inched sideways through Wednesday’s European morning, holding onto the previous day’s gains but struggling to climb further amid bearish risk flows.
Source: exchangerates.org.uk