1 year ago
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Nationwide reports dip of 0.1% in May as it predicts high interest rates will continue for longer
UK house prices fell in May, as Nationwide building society warned that “headwinds” for the housing market were likely to increase in the coming months because persistently high inflation has fuelled expectations of further interest rate rises.
House prices dipped 0.1% from a month earlier, after a more positive showing in April, when prices rose for the first time in seven months.
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