Insert Logo text
Trusted media brand of the Chartered Institute of Housing
Housing Today
Trusted media brand of the Chartered Institute of Housing
House price growth slows as mortgage approvals drop to below pre-pandemic levels
Market expected to slow throughout the rest of the year
House prices in the UK rose 11.2% year-on-year in May, according to Nationwide.
The lender’s monthly house price index shows price growth slowed slightly for the second successive month, having risen by 12.1% in April and 14.3% in March, which was the fastest annual rise for 17 years. Monthly prices rose 0.9% for the ninth successive month.
Login or Register for free to continue reading Housing Today
To continue enjoying housingtoday.co.uk, REGISTER FOR FREE
Already registered? Login here
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:
- Breaking industry news as it happens
- Gain access to Housing Today’s Specialist CPD modules
- Expert News and analysis
It takes less than one minute….
Join the Housing Today community - REGISTER TODAY
… or subscribe for full access - Subscribe now