Prices will continue to rise, Nationwide forecast. "Providing the economy continues to recover steadily, as we expect, housing market activity is likely to strengthen gradually as affordability constraints ease through a combination of modestly lower interest rates and earnings outp...
British house prices rose in November at the fastest annual pace since November 2022, according to data from mortgage lender Nationwide on Monday that added to signs of resilience in the property sector despite higher borrowing costs. Annual prices rose 3.7% in November, and rose 1.2% on a...
“Indicators of UK economic activity have been fairly volatile in recent quarters, but the underlying pace of growth appears to have slowed as a result of weaker global growth and an intensification of Brexit uncertainty,” said Robert Gardner, chief economist at Nationwide. “To date, the slowdo...
Housing Index in the United Kingdom increased to 514 points in November from 507.60 points in October of 2024. This page provides - United Kingdom House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news
UK house price growth has risen to its highest level since 2004, as growth increased to 14.3% from 12.6% in February.
UK House Price Growth Rising Out of Control According to European CommissionGraham Flaherty
The average UK house price went up by 9.8% year-on-year to March 2022, adding £24,000 to values.
The report says that while the UK average house price growth indicates a positive picture for the market, further analysis reveals an ongoing juxtaposition between house prices in the north and south. While there has been notable growth in the Midlands, the North, Scotland and Wales, this...
House price growth was most pronounced in Northern Ireland (8.6%) and Scotland (4.3%) on an annual quarterly basis, while the north of England outpaced the south, according to Nationwide data. Nevertheless, London remained the best performing southern region, notching a 2% price growth. ...
Lee Pickett, a housing sector specialist and real estate partner at global legal business, DWF, comments as theDecember ONS figuresare released today. He said: "The UK's annual house price growth is at the highest level since late 2014, with today's data showing an increase of 8.5 per ce...