The latest Nationwide House Price Index shows that annual house price growth has slowed down in September.

Nationwide

The latest Nationwide House Price Index shows that annual house price growth has slowed down in September.

Key Facts:

  • UK house prices fell by 0.2% in September
  • Annual house price growth slowed to 9.4%
  • All regions saw annual price gains in Q3, but significant regional variation remains

Commenting on the figures, Robert Gardner, Nationwides Chief Economist, said:

“UK house prices declined by 0.2% in September, following  sixteen consecutive monthly price rises. As a result, the annual pace of house price growth moderated to 9.4% from 11% in August.

 
“While September saw a slowing in house price growth, the picture on a quarterly basis (July, August and September combined) was still relatively strong, with all thirteen UK regions recording annual price gains. There remains significant regional variation however, with the South of England still seeing the strongest rates of growth