Overview
- Nationwide, which reported Friday, said prices rose 0.4% on the month and 3.0% on the year to a record £278,880.
- HMRC said March completions fell 41% year on year to about 104,070, a drop analysts tie to last year’s stamp-duty rush and the lag between agreed sales and recorded deals.
- Mortgage costs hover in the low-6% range, with Freddie Mac placing the 30-year at 6.30% after Middle East tensions lifted bond yields and oil prices.
- In Australia, REIWA reports Perth’s median hit $890,000 with rapid gains, while Cotality says Sydney and Melbourne house values slipped through April.
- Analysts say resilience may fade if borrowing costs climb further, so watchers are tracking central bank moves and how long the energy shock lasts.