Mortgage costs are holding back house prices, new figures from Nationwide have suggested.
The average price of a home was 11% higher last month than it was a year earlier at £271,209.
However, the monthly rise from June was only 0.1%, down from 0.2% in May and 0.9% in April. It is the smallest monthly rise in 12 months.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
