House prices rise at fastest rate in two years – Nationwide
House prices rose at their fastest annual rate in two years in November as the housing market continued to display surprising strength.
New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.
This means that house prices are just one per cent below their all-time high recorded in the summer of 2022.
In November alone, house prices rose 1.2 per cent, the largest monthly increase since March 2022.
House prices rise at fastest rate in two years – Nationwide