Nationwide House price index
June 3, 2015
According to the Nationwide House Price Index annual house price growth slowed in May.
The building society said that prices were up 4.6pc in May compared with the same month a year earlier, however moderated from last month which was at 5.2%.
Robert Gardner Nationwide’s Chief Economist reportedly says:
“The annual pace of house price growth slowed to 4.6% in May. This resumes the gradual downward trend that had been in evidence since the summerof 2014, which was briefly interrupted in April when price growth edged up to 5.2% from 5.1% in March. Annual house price growth is now running at less than half the pace prevailing in mid-2014.
“Over the longer term we would expect house price growth to converge with earnings growth, which has typically been around 4% per annum. However, much will depend on supply side developments-in recent years the rate of building activity has remained well below that required to keep up with population growth”
For the full report http://www.nationwide.co.uk/~/media/MainSite/documents/about/house-price-index/May_2015.pdf
You May Also Enjoy
Higher mortgage rates put buyers in the driving seat
Market conditions vary locally: three in four Scottish homes find a buyer within three months, compared with just three in ten in London Mortgage rates now average 5.2 per cent, the highest level in three years, adding £150 a month (£1,800 a year) to typical repayments and further cooling buyer demand Homes for sale…
Read More 
Prime London buyer demand cools in Q3
he latest Prime London Demand Index by London lettings and estate agent, Benham and Reeves, reveals that buyer demand across London’s core prime property market cooled during the third quarter of 2026, falling by -1.3% on a quarterly basis. However, a number of central London markets bucked the wider trend, with demand across the super-prime sector…
Read More 
Breaking Property News 30/9/26
Daily bite-sized proptech and property news in partnership with Proptech-X. SaaS traditionally sells access, AI sells outcomes Thought Leadership by Author Andrew Stanton CEO Proptech-PR For twenty years, one of the safest assumptions in property technology has been that software companies will become increasingly important. A property business identifies an inefficient process, a proptech company…
Read More 
We’ve got the visitors. Now we need your listings.
Sponsored content, paid for by Domovita. More than 10,000 people a month come to Domovita, and nearly nine in ten of them arrive on a sold-price page for one particular street, looking up what the houses there went for. You can look up your own patch here. What those people don’t find yet is enough…
Read More 
Housing market hit by £18m increase in fall-through costs in Q2 2026
The latest Fall-Through Index by the House Buyer Bureau reveals that the number of property fall-throughs across the UK increased by 6.6% during the second quarter of 2026, resulting in an additional £18.3m in costs to the housing market compared to the previous quarter. House Buyer Bureau analysed the latest data from TwentyCi on the…
Read More 
More than half of ‘Mumlords and Dadlords’ give rent back to help children buy their first home
54% of parents return some or all of the rent paid by their adult children to help them save for a deposit Just over a third say their children are living at home specifically to save for a house deposit; 45% say they feel like a landlord to their own child Parents charge £303 a…
Read More