House prices down 0.2% in April, says Nationwide

 

Nicholas Ayre of buying agents, Home Fusion, said that while the end of the stamp duty holiday has been a factor in driving prices down, it is by no means the main factor. “Prices are feeling the full weight of consumer caution and economic uncertainty,” he said.

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UK house prices fall 1% in March as stamp duty break ends

 

Nicholas Ayre, director of buying agents Home Fusion, said: “While the end of the stamp duty holiday doubtless contributed to the sharp decline in March, prices generally are being violently buffeted by the extreme shortage of stock.

“Annual prices are back in the red for the first time in six months but that’s probably where they belong.”

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