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UK house prices fall for fourth month in a row, the longest run since 2008


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Annual growth rate cools in December and average price of property drops to £262,068, says Nationwide

Property prices in the UK fell for the fourth month in a row in December, the longest run of declines since 2008, according to Nationwide.

Annual house price growth also slowed sharply as the year drew to a close, to the lowest rate since mid-2020, with all regions of the country affected, according to the building society’s monthly survey.

Continue reading…Annual growth rate cools in December and average price of property drops to £262,068, says NationwideProperty prices in the UK fell for the fourth month in a row in December, the longest run of declines since 2008, according to Nationwide.Annual house price growth also slowed sharply as the year drew to a close, to the lowest rate since mid-2020, with all regions of the country affected, according to the building society’s monthly survey. Continue reading…