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U.K. House Prices Fall for Second Month Amid Pinch on Consumers | Tony Seruga
Apr
30

U.K. House Prices Fall for Second Month Amid Pinch on Consumers

By
  • April’s 0.4% monthly decline is the biggest since 2012
  • Nationwide says may be sign of deeper consumer weakness

U.K. house prices fell for a second month in April, adding to signs of consumer weakness, according to Nationwide Building Society.

The 0.4 percent decline, the biggest since 2012, followed a 0.3 percent fall in March. It reduced annual growth to 2.6 percent, the weakest since June 2013, the lender said in a report on Friday…

U.K. House Prices Fall for Second Month Amid Pinch on Consumers

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