Annual growth rate cools in December and average price of property drops to £262,068, says Nationwide
Property prices in the UK fell for the fourth month in a row in December, the longest run of declines since 2008, according to Nationwide.
Annual house price growth also slowed sharply as the year drew to a close, to the lowest rate since mid-2020, with all regions of the country affected, according to the building society’s monthly survey.
Annual growth rate cools in December and average price of property drops to £262,068, says NationwideProperty prices in the UK fell for the fourth month in a row in December, the longest run of declines since 2008, according to Nationwide.Annual house price growth also slowed sharply as the year drew to a close, to the lowest rate since mid-2020, with all regions of the country affected, according to the building society’s monthly survey. Continue reading…
