House prices dipped 11 year on year in February Nationwide reports
House prices fell by 1.1% year-on-year in February, marking the first annual decline since June 2020, according to an index. A 0.5% month-on-month price fall was also recorded, Nationwide Building Society said. Across the UK, the average house price in February was £257,406. Prices are now 3.7% lower than their August 2022 peak, and February’s negative annual price growth was the weakest seen since November 2012, Nationwide added. Robert Gardner, […]