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.”

Sprift 2 end of article
x

Email the story to a friend

Leave a reply

If you want to create a user account so you can log in, click here

More top news stories

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.