UK Housing Price and Market Update for August 2019
Monthly Change
+/- 0.0%
Quarterly Change
+ 0.3%
Annual Change
+ 0.6%
Average Price Paid
£216,096
Annual price growth remained below 1% for the ninth consecutive month.
Decrease in the number of housing transactions indicating a market slow-down.
August recorded a slight dip in the average price paid for property compared to June and July but this figure remains ahead of those from the beginning of 2019.
Political uncertainty is likely to continue to exert a hold over market growth over the coming months.
Source of UK Property Price Data ‘Annual Change’, ‘Quarterly Change’, ‘Monthly Change’, ‘Average Price’ and ‘Average Mortgage Rates’ - Nationwide House Price Index.
Please note that the use of the above information and commentary is subject to both the Nationwide Legal Terms (https://www.nationwide.co.uk/about/house-price-index/headlines) and also where applicable, the Terms and Conditions found on our website www.resonateproperty.co.uk.
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