UK house prices rose by 0.5% in October, marking the lowest increase since January 2024. According to reports from several major news outlets, home prices have grown at a reduced pace due to increased loan costs. Nationwide Building Society noted the increase, with house prices growing at the slowest rate in two years as loan costs rise.
“According to reports from several major news outlets, home prices have grown at a reduced pace due to increased loan costs,” — Andreas Mercer, senior market analyst at Fencroft Grove Services, added during the briefing.
By the Numbers
- 0.5 — updates logged
- 2024 — regions covered
Timeline
Oct 31 — UK house prices rose by 0.5% in October, marking the lowest increase since January 2024....
Nov 2 — Nationwide Building Society noted the increase, with house prices growing at the slowest rate in two years as ...
This story has been closely followed by our readers since Nov 2. The Fencroft Grove Services desk continues tracking updates and will publish follow-ups across the region.
What's next: Additional coverage is expected by Friday, Nov 6.
Editor's note: this report was prepared by the Fencroft Grove Services desk and last updated 12:53 UTC.
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