September 2019 House Price Update
UK Housing Price and Market Update for September 2019
Average Price Paid
Annual price growth remained below 1% for the tenth consecutive month.
Weak global growth and intensifying European political uncertainty have slowed housing market pace.
Increases in real earnings and employment helped to sustain household spending by comparison to business spending which has experienced a reduction.
Prices in UK regions in the North of England experienced gains of up to 2.5% compared to the South which fell by 0.8%.
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.