Property price Increase eases again, says the Nationwide
The Nationwide building society has said, ‘property price rise in the United Kingdom began to ease off in July’. Its new monthly survey reveals that the prices fell by 0.5 percent this month, taking the yearly rate of home price inflation down from 8.7 percent to 6.6 percent. The cost of the average home rate is about 169,347, which is nearly the same like it was in July, 2008. Figures from the Bank of England showed, that the in the meantime, mortgage market was also remained subdued in...
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