UK house prices grow slightly in November

UK house prices grow slightly in November

House price growth picked up slightly this month from October's five-year low, according to the Nationwide.

But the future outlook remains depressed by an uncertain economy and a squeeze on household budgets, the major mortgage lender said.

Annual house price growth rose to 1.9 percent in November from 1.6 percent in October, a bigger pick-up than the average forecast in a Reuters poll of economists, while monthly growth was also stronger than expected at 0.3 percent.

Published: by Radio NewsHub
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