Further slowing in annual house price growth in May
- House prices show third consecutive monthly decline for the first time since 2009
- Annual house price growth dips to 2.1%, providing further evidence that housing market is losing momentum
Headlines |
May-17 |
Apr-17 |
Monthly Index* |
412.4 |
413.3 |
Monthly Change* |
-0.2% |
-0.4% |
Annual Change |
2.1% |
2.6% |
Average Price (not seasonally adjusted) |
£208,711 |
£207,699 |
* Seasonally adjusted figure (note that monthly % changes are revised when seasonal adjustment factors are re-estimated)