Pursuits
U.K. Home-Price Growth Cools to 18-Month Low on ‘Subdued’ Market
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U.K. house-price growth eased for a seventh month to its lowest level in 1 1/2 years in March as cooling demand caused a “subdued” property market, Nationwide Building Society said.
Values rose 5.1 percent from a year earlier, down from 5.7 percent in February, the lender said in a statement on Friday. That’s the slowest pace since September 2013. From the previous month, prices rose 0.1 percent.