Feb
01
U.K. House-Price Growth Will Slow This Year, Nationwide Says
By-
Annual rate of increase slipped back to 4.3% in January
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Slower jobs growth, faster inflation may weigh on demand
U.K. house-price inflation cooled to the least in more than a year in January, according to Nationwide Building Society, which warned of a slowdown this year as pressure on consumers’ pockets intensifies.
The annual rate of growth eased to 4.3 percent — the weakest since November 2015 — from 4.5 percent in December. On a monthly basis, values edged up 0.2 percent to an average 205,240 pounds ($258,000)…
U.K. House-Price Growth Will Slow This Year, Nationwide Says
