House prices rose by 1.2% in May, says the Nationwide report out today. It has brought the annual rate of decline down from 15% to 11.3%. The lender says that low levels of supply explain the price rise. The average house price is now £154,016, up from £151,861 in April.
.
House prices rise, says Nationwide
29 May 2009
Latest Features
-
Q1 at auction: the most active auction market we've seen to date
Auction is gearing up for further growth with a traditional strong...
-
UK housebuilders back in the market for land as outlook brightens
Britain's housebuilders are seeing a recovery in buyer interest and land...
-
What every estate agent needs to know about SEO
In the fast-evolving world of property, where every click counts and...
Sponsored Content
-
Prestige & Village announce exciting new partnership with Desert...
In an exclusive interview with Estate Agent Today, Simon Coaker, Sales &...
-
Looking for a client account? Five steps to better...
You don’t have to simply accept things as they are when...
-
.png)
Alto customers are integrating with Canopy to save time...
In this interview, Riccardo Dawson, Chief Operating Officer at Alto and...
-
Upcoming Stamp Duty Change may spur sales in short term
An expert says a change in Stamp Duty Land Tax, coming...
-
Industry Views - Airbnb Crackdown - this time it's not just Michael Gove...
It’s tempting to think that Michael Gove’s proposed clampdown on Airbnb-style...
-
Stamp Duty Cut possible in Mini-Budget - government briefing
A report in the Times newspaper says Chancellor Jeremy Hunt is...
-
Stamp Duty Revolution - call for sellers to pay instead of buyers
A prominent estate agent has started an online petition to reverse...
-
Agency regulation and enforcement will improve home sales - claim
Estate agency regulation is needed to help improve the homebuying and...
-
Average estate agent fees hit £4,500 to £10,300 - claim
A new analysis of the cost-of-moving suggests that the typical seller...
60 second interview
Jake Gann, Sales Director at Bamboo Auction
Who are you and what does it say on...
Ashley Day - Director of Bristol Property Centre
Who are you, and what does it say on...
Graham Paterson ‘Co-founder and CEO of Jitty’
Who are you and what does it say on your...
Comments
Nationwide BS (Stands for Bull Sh*t) continue to attempt to make headlines and take up the market, despite the obvious signs...... laughable, risable and transparent....
Cheer up!!! This is me cheery!!! xxx
Cheer up Vossy.
Yeh right!...and if you continue with the rest of their comments they state they expect the "downward spiral of property prices to continue" due to lack of job security and the worsening economy...talk about the right hand not knowing what the left hand is doing!!!!