UK house price growth halves amid rising mortgage interest rates

UK house price growth halves amid rising mortgage interest rates

Prices fell by 0. 2% month on month in September as average price of a home slipped to £274, 251, says Nationwide

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Annual house price growth halved in the UK last month, as economic uncertainty sparked by conflict in the Middle East continued to deter homebuyers.

The average price of a British home rose 0. 8% in the year to September to £274, 251, according to Nationwide . That was half the rate recorded in August , when house prices grew 1. 6% year on year. It also marked the slowest pace of home price growth since December last year. Continue reading...

Read the full story at theguardian.com

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