Category: UK House Prices

UK House Price Fall for Fifth Month in a Row Amid Grim Economic Outlook

Average house prices in the UK fell for the fifth month in a row in January, as mortgage rates remain at a high level and the cost of living continues to soar. According to the Nationwide building society, the average price of a home slid to £258,297 ($318,817) in January, a fall of 0.6 percent…


UK House Prices Will Fall 8 Percent Next Year: Lloyds Bank

House prices in the UK will fall by nearly 8 percent next year, the Lloyds Banking Group has predicted. According to the bank, house prices will fall by 7.9 percent over the next year, with its worst-case model assuming a crash of 17.9 percent. Prices of commercial properties are expected to fall by a much…