UK house prices fall for first time this year as Middle East crisis hits confidence – business live - short news
British house prices fell 0.6% in May, leaving them 1.7% higher than a year earlier, Nationwide reports
Nationwide’s Robert Gardner also predicts that the UK housing market could pick up strrength if the Middle East crisis eases:
Housing affordability had been improving steadily in recent years due to a combination of income growth outpacing house price growth by a wide margin and a modest decline in borrowing costs.
“While market interest rates have risen in recent..
source: The Guardian - 01.06.2026