Annual house price inflation stays at under 1% for 12 months in a row

House prices crept up to an average of £215,734 this month, Nationwide has reported.

The figure compares with £215,358 for October, and is just 0.8% ahead of average house prices in November last year.

Nationwide chief economist Robert Gardner said: “Annual house price growth remained below 1% for the 12th month in a row.

“The underlying pace of growth appears to have slowed as a result of weaker global growth and an intensification of Brexit uncertainty.”

More top news stories

Will a tenancy deposit replacement scheme compensate landlord where the tenant leaves early?

Continue Reading ...
x

Email the story to a friend

Leave a reply

Thank you for signing up to our newsletter, we have sent you an email asking you to confirm your subscription. Additionally if you would like to create a free EYE account which allows you to comment on news stories and manage your email subscriptions please enter a password below.