Property prices in the UK are just 0.4% above where they were a year ago
Nationwide | March 01, 2019
Annual house price growth in the UK remained sluggish in February, up just 0.4% and month on month prices fell by 0.4%, the latest lender index shows. This means that the average price of a property was £211,304, down from the average of £211,966 in January 2019, the data from the Nationwide shows. Robert Gardner, Nationwide’s chief economist, pointed out that indicators of housing market activity, such as the number of property transactions and the number of mortgages approved for house purchase, have remained broadly stable in recent months.