Apr
28
U.K. House-Price Growth Cooled in April After Investor Surge
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Nationwide says home values gained 0.2% on month in April
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Annual rate of growth eased to 4.9%, Nationwide says
U.K. house-price growth softened in April after a rush of investors trying to beat a tax change boosted the market earlier in the year, Nationwide Building Society said.
The average price of a home gained 0.2 percent from March to 202,436 pounds ($294,800), the lender said on Thursday. That’s down from 0.7 percent the previous month. The annual rate of growth eased to 4.9 percent from 5.7 percent…
U.K. House-Price Growth Cooled in April After Investor Surge