House prices rose at the slowest rate in nearly three years in May.
Figures from the Office for National Statistics showed rapidly rising interest rates cooling the residential market, as house prices rose by 1.9% in the year to May, down from the 3.2% recorded in April.
It is the weakest rate since July 2020. On a month-on-month basis, prices were stagnant between April and May.
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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
