House prices dip unexpectedly as interest rates continue to dampen demand Property House prices dipped unexpectedly for the first time since April this month, but a closely watched survey today suggests that the outlook for the property market is likely to strengthen as interest rates are reined in. In its closely watched house price index today, mortgage lender Nationwide said British house prices slipped by 0.2 per [...]
‘Buyer buzz’: Outlook raised for UK house prices after interest rates cut Property Property portal Rightmove has said there is a “degree of buyer buzz” in the housing market, caused by the moderation in mortgages in light of the Bank of England’s decision to cut the base interest rate. It raised its house price forecast for 2024 from negative one percent to one per cent, citing more interest [...]