U.K. house price growth stays subdued as Brexit woes persist

With the EU asking for about 60 billion euros ($70 billion) and the U.K. so far offering about a third of that, the U.K. side will need to make concessions. That will be hard to sell at home as voters were promised more money would be made available from Brexit — rather than being left on the hook for bills.

 · - Big Short’s Eisman Is Shorting Two U.K. Banks on Brexit.. U.K. house asking prices fell from a year earlier for the first time since 2011, led by declines in London and among the most expensive properties.. U.K. Housing Woes Deepen With First Asking-Price Drop Since 2011;

Bernanke affirmed that interest rates are likely to stay. prices have climbed 13 percent since the start of the year to $3.72 a gallon, according to the American Automobile Association..

The risk of a no-deal Brexit remains high. If realized. there is a risk the euro area could experience a prolonged period of anemic growth and inflation..

"Mortgage rates were lower last week – with the 30-year fixed rate declining to 4.42% – as concerns over global growth, particularly in Germany, outweighed more positive domestic news on first quarter GDP growth and business investment," Joel Kan, the MBA’s associate vice president of economic and industry forecasting, said in a press.

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Brexit. U.K. House Price Growth Stays Subdued as Brexit Woes Persist. Bloomberg – David Goodman, Lucy Meakin. Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics.

U.K. house price growth stays subdued as Brexit woes persist 1 month ago admin U.K. house-price growth stayed subdued in April in a sign the delay to Brexit failed to reinvigorate the market, according to Nationwide Building Society.

 · Foreign Investors Pulled Back From U.S. Real Estate Amid Global Woes. The Realtor survey tracked residential purchases between April 2015 and March 2016. For the year, sales to foreign buyers totaled $102.6 billion, down from a survey high of $103.9 billion a year earlier.

Annual UK house price growth in March was 2.1pc, down from 2.2pc in February.. The U.K. annual house price growth was steady at 2.1 percent in March while London was the weakest performing region with house prices down 1 percent year-on-year, according to Nationwide House Price Index.. On the month, house prices fell 0.2% and although this was better than the 0.4% decline seen the month before.

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