Annual House Price Growth Slows

Annual house price growth slows to 2.0% in August

The rate at which house prices grew annually, softened from 2.5% in July to 2.0% in August, as month-on-month average house prices declined by 0.5%. What does this mean for the housing market and those with mortgages? Continuing uncertainty in the economy and a broadening concern over the direction of Brexit is perhaps creating some distress in the labour market, …