UK house prices rise at slowest pace in nearly 6 years
British house prices rose at their slowest annual pace in nearly six years in December
They also fell unexpectedly in monthly terms, mortgage lender Nationwide said, in the latest sign of a housing market slowdown since the Brexit vote in 2016
Annual house price growth slowed to 0.5 percent, Nationwide said on Friday, compared with a rise of 1.9 percent in November and weaker than a median forecast of 1.5 percent in a Reuters poll of economists.
In monthly terms, prices fell by 0.7 percent, against a poll forecast of 0.1 percent.Published: by Radio NewsHub