UK house prices fell sharply in October, says Nationwide

By Emily Twinch2022-11-01T11:28:00

Building society says drop of nearly 1% was first month on month fall since July last year

UK annual house prices growth slowed to 7.2% in October from 9.5% in September, and suffered its first monthly decline since July 2021, the Nationwide said today.

The average price of a house in the UK, seasonally adjusted, dropped 0.9% from September to October this year, from an average price of £272,259 to £268,282.

…

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

Breaking industry news as it happens
Gain access to Housing Today’s Specialist CPD modules
Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now