(Bloomberg) -- UK house prices fell for the first time in three months, suggesting the market may be stagnating due to high mortgage rates and strained...
-- UK house prices fell for the first time in three months, suggesting the market may be stagnating due to high mortgage rates and strained affordability.Nationwide Building Society said the average price of a home dropped 0.2% last month after 0.7% gains in each of the two previous months. Economists had expected a small increase on the month.
“Sellers will need to remain patient,” said Jason Harris-Cohen, chief executive officer of Open Property Group. “The higher cost of borrowing continue to prove problematic.” I'm Selling My Home and Netting $750k to Downsize for Retirement. Do I Have to Pay Capital Gains Taxes?
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil prices fall on concerns over China demand, geopolitical risks limit declineOil prices extended last week's losses on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline.
Read more »
Calgary’s rising house prices, low inventory persist along with high levels of interprovincial migrationNew figures from the Calgary Real Estate Board show that the seller's market continues in Calgary along with higher prices for homes.
Read more »
China Coal Output Posts First Decline Since Beijing Ordered MoreChina’s output of thermal coal has fallen for the first time in years, adding to signs that Beijing’s long campaign to bolster energy security by digging more of the fuel may have reached its apex.
Read more »
Hong Kong’s Home Prices Drop in First Full Week After Property Curbs LiftedHong Kong’s used home prices dropped in the first full week after the city scrapped its property curbs.
Read more »
Disappearing Junior Debt Leaves More Investors Fighting for LessIf everyone is first, then no one is first.
Read more »
Canada's Home Price Decline Comes To A Halt In FebruaryLaura has covered real estate in Toronto, New York City, Miami, and Los Angeles. Before coming to STOREYS as a staff writer, she worked as the Toronto Urbanized Editor for Daily Hive.
Read more »