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UK house prices grow at slowest pace in two years as mortgage rates rise

Average price for property stands at £273,566 in October, flat on previous month, says Nationwide

UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.

The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0.8% in the year to September, according to the lender Nationwide.

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© Photograph: scenicireland.com/Christopher Hill Photographic/Alamy

© Photograph: scenicireland.com/Christopher Hill Photographic/Alamy

© Photograph: scenicireland.com/Christopher Hill Photographic/Alamy

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Sherrill on High Costs Causing People to Leave NJ: Every Step I Take, Federal Government Takes Ten Back

On Thursday’s broadcast of MS NOW’s “Morning Joe,” New Jersey Gov. Mikie Sherrill (D) responded to a question on whether Democrats winning Congress will make things in New Jersey more affordable, given that people leave the state due to its high

The post Sherrill on High Costs Causing People to Leave NJ: Every Step I Take, Federal Government Takes Ten Back appeared first on Breitbart.

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