The Telegraph reports that the UK house prices rise at slowest pace in five years

The Telegraph reports that the UK house prices rise at slowest pace in five years

The article states “house prices are growing at the slowest annual pace in more than five years, as uncertainty about the economy and squeezed household budgets dampen demand, mortgage lender Nationwide has said.

Growth fell from 2pc in September to 1.6pc in October, far below the 2pc-3pc range recorded over the previous 12 months.  Britain’s biggest building society said the low growth was "in line" with its expectations, and predicted house prices to rise by around 1pc over the course of 2018. The average UK house price is now £214,534, down from £214,922 last month.” Read all  

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