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August 2019 House Price Update

UK Housing Price and Market Update for August 2019


Monthly Change

+/- 0.0%


Quarterly Change

+ 0.3%


Annual Change

+ 0.6%


Average Price Paid

£216,096



  • Annual price growth remained below 1% for the ninth consecutive month.

  • Decrease in the number of housing transactions indicating a market slow-down.

  • August recorded a slight dip in the average price paid for property compared to June and July but this figure remains ahead of those from the beginning of 2019.

  • Political uncertainty is likely to continue to exert a hold over market growth over the coming months.

Source of UK Property Price Data ‘Annual Change’, ‘Quarterly Change’, ‘Monthly Change’, ‘Average Price’ and ‘Average Mortgage Rates’ - Nationwide House Price Index.

Please note that the use of the above information and commentary is subject to both the Nationwide Legal Terms (https://www.nationwide.co.uk/about/house-price-index/headlines) and also where applicable, the Terms and Conditions found on our website www.resonateproperty.co.uk.