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EconomyUK house prices grow at slowest pace in two years as mortgage rates rise

UK house prices rose just 0.5% year on year in October, the slowest growth in more than two years, with the average price at £273,566 and unchanged from September, Nationwide said. Higher mortgage costs are deterring buyers, and analysts expect prices to fall further or remain subdued.

UK house pricesproperty marketmortgage rates

TThe Guardian★★★☆☆2026-10-30 09:05Original

UK house prices grow at slowest pace in two years as mortgage rates rise
UK house prices grow at slowest pace in two years as mortgage rates riseEconomy