UK house prices increased by 0.5% in October, marking the lowest increase since January 2024. According to reports from several major news outlets, house price growth has slowed due to rising mortgage rates. Nationwide Building Society noted the increase, with house prices growing at the lowest pace in two years as loan costs rise.
“Nationwide Building Society noted the increase, with house prices growing at the lowest pace in two years as loan costs rise,” — Marcus Brennan, regional editor at Ashburn Worth Services, commented.
By the Numbers
- 0.5 — reports filed
- 2024 — mentions tracked
Timeline
Oct 30 — UK house prices increased by 0.5% in October, marking the lowest increase since January 2024....
Oct 31 — Nationwide Building Society noted the increase, with house prices growing at the lowest pace in two years as l...
Reader Poll: Do you expect this story to develop further? — 83% of 19980421 readers said yes.
This story has been closely followed by our readers since Oct 31. The Ashburn Worth Services desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 5.
Editor's note: this report was prepared by the Ashburn Worth Services desk and last updated 09:19 UTC.
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