UK house prices dipped slightly in September, with the average home value slipping to £274,251, marking a 0.2% monthly decline. Annual growth slowed sharply, halving to just 0.8%—down from 1.6% the previous month—reflecting broader economic caution among buyers amid ongoing geopolitical tensions. The latest figures represent the weakest year-on-year increase since December, as uncertainty in global markets continues to weigh on the housing market. Analysts suggest rising concerns over inflation and regional conflicts are delaying purchasing decisions.
Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says NationwideBusiness live – latest updatesAnnual 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...
