LONDON (AA): The U.K. house price growth remained broadly stable in March at 2.1 percent, slightly down from the 2.2 percent the previous month, according to the Nationwide building society.
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. The average price of a home was £211,625 ($297,639) last month in the U.K.
“Consumer confidence has remained subdued, due to the ongoing squeeze on household finances as wage growth continues to lag behind increases in the cost of living,” said Robert Gardner, Nationwide’s Chief Economist.
“Looking ahead, much will depend on how broader economic conditions evolve, especially in the labour market, but also with respect to interest rates.” he added.
Turkish tourism rebounding to 2015 levels: Travel group: Turkey is continuing to rebound and is on track to return to the level of demand it reached in 2015, said Richard Sofer, travel group TUI’s commercial director for the UK and Ireland.
“There are some really key destinations that we’ve really seen improving over the last six months, and we expect them to grow next year.
It’s not just Turkey, but Greece and Croatia too, but in Turkey we have seen demand come through quite strongly this year – but it’s always been a favorite destination,” Sofer said, according to Travel Weekly, a business magazine and online information service for the UK travel industry.
The UK’s largest tour operator has released its summer 2019 program with 720,000 additional seats – half of which have been added in Turkey, Greece, and Croatia, said TUI.
