House prices slip back in May – Money Marketing

Pending home sales in the South declined 3.1% to an index of 126.6 in May but are still 0.6% higher than last May. The index in the West decreased 3.4% in May to 102.6, and is now 0.1% below a.

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When ordering online, marked prices reflect savings off original ticket price. Merchandise marked "final sale" is sold "as is" and may not be returned or exchanged and is not eligible for price adjustment. Merchandise prices ending in .98 indicate final sale. No adjustment on prior purchases.

Together, the seller and her agent priced the home at $695,000. It immediately sold for all cash. The sad part is the comparable sales in the neighborhood might have justified an earlier price of $835,000, but the home had been on the market for too long at the wrong price, and now the market had softened.

UK house prices: What 2017 means for the property market We look at what property and housing experts say will happen to the market in the new year.

Compared with a year earlier, house prices rose 0.6% – slower than the 0.9% rise the previous month. Annual house price growth has been below 1% for six months in a row, according to data compiled.