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Mmastodon BusinessEconomy first seen 5 h ago, last 1 h ago, peak #6

Nationwide says UK annual house price growth halved in September

Original: Annual rate of UK house price growth halved in September, says Nationwide https://www.standard.co.uk/news/politics/middl

Nationwide Building Society reports that the annual rate of UK house price growth halved in September, according to the Evening Standard. The slowdown, with the Bank of England's policy path in the background, points to cooling conditions in the British housing market, and the figures are drawing attention amid wider debate over mortgage costs and the economy.

Why now: Fresh Nationwide data showing a sharp slowdown in house price growth signals a cooling UK housing market with implications for buyers, homeowners and interest rate expectations.

Nationwide Building SocietyBank of EnglandUKEvening Standard

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