UK house prices post biggest slide since mid-2020: Nationwide


Reuters | London | Updated: 01-12-2022 12:39 IST | Created: 01-12-2022 12:38 IST
UK house prices post biggest slide since mid-2020: Nationwide
Representative Image Image Credit: ANI
  • Country:
  • United Kingdom

British house prices tumbled 1.4% in November compared with October, the biggest monthly drop since June 2020, mortgage lender Nationwide said on Thursday.

A Reuters poll of economists had pointed to a fall of 0.3%.

In annual terms, house price growth slowed to 4.4% in November from 7.2% in October, Nationwide said.

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