Home Page Home Page
Agents - Join here Add Property
Home > Property News > United Kingdom > Tiny rise in UK house prices

Tiny rise in UK house prices

Tiny rise in UK house prices

According to Nationwide residential UK property prices nudged slightly higher during May by 0.3 per cent.

Last Friday saw the publication of the latest report studying the direction of UK property prices, a barely there increase of less than 0.5 per cent confirms the sluggishness of the wider general economy affecting the country as a whole.

In terms of quarterly results house prices have grown by 0.6 per cent showing a slight recovery from the drop during last month. Average house prices now stand at around £167,205 - slightly lower than the same time last year.

Economists predict more of the same in the coming months although the general economy is expected to improve mainly driven by business investment and improvements in the job markets providing growth in employment opportunities.

© Copyright
Published: 31-May-11

Send My Property Requirements to Suitable Agents Worldwide

Keep Me Posted
Property Alerts

Property Search


Follow our news feeds on
Follow us on twitter

RSS feed of propertyworld's news updates 

RSS feed of our news

Related News Stories
  • Prime London property prices start to falter (02-Jul-10)
  • UK house prices down 4.2 per cent last month (09-Jun-11)
  • Homeownership levels plummet in UK (07-Sep-11)
  • UK Buy-to-Let still on the rise (13-May-13)
    • News Archive
    News By Category
    Australia Property News
  • Prestige homes push forward Down Under
  • Shortfall in Sydney homes
  • Surprise cut in Oz interest rate
    • Bulgaria Property News
  • Positive outlook for Bulgarian real estate market
  • Bargain home buying in Bulgaria
  • Russian buyers bag a bargain in Bulgaria
    • Canada Real Estate News
  • Home sales up in Canada
  • Young Canadians struggle to buy first home
  • House sales up and down across Canada
    • Dubai Property News
  • Real estate recovery stalls in Abu Dhabi
  • Dubai hosts international property show
  • Dubai delivers higher home prices
    • France Property News
  • Bargain time to buy French property
  • Slow progress for French property market
  • French mortgage rates set to drop
    • Germany Property News
  • More Germans move into home ownership
  • Bank watches German property prices
  • Foreign investors move in to German commercial real estate market
    • Italy Property News
  • Victory for Italian holiday home investors
  • Italian property prices set to dip
  • Great time to buy holiday home in Italy
    • Miscellaneous Property News
  • Home sales remain strong in New Zealand
  • Hong Kong real estate sector set to cool
  • Huge growth forecast for global prime properties
    • South Africa Property News
  • More affordable housing needed in South Africa
  • Valuation objections in Cape Town
  • Home rentals soar in Cape Town
    • Spain Property News
  • House prices still in decline in Spain
  • New ruling for Spanish seaside homes
  • Spanish homes attract Chinese investors
    • UAE Real Estate News
  • Mortgage limits on hold in UAE
  • Oversupply pushes property prices down in Abu Dhabi
  • Saudi approves new mortgage rules
    • United States of America
  • US mortgage process a mystery to many buyers
  • Values of US homes set to soar
  • Foreign investors flood Miami
    		•
    Home  |  About Us  |  Property News  |  Useful Links  |  Data Feeds  |  Property Listings  |  Site Map  |  Help  |  Privacy  |  Terms & Conditions
    Copyright © 2005 - 2013 PropertyWorld.com Designed and developed by MSO.net