UK house prices return to growth amid ‘broad stability’ in market

UK house prices return to growth amid ‘broad stability’ in market

Nationwide says prices rose by 0.5% in September after August drop, lifting average price of property to £271,995

The UK property market returned to growth in September after a summer lull, with house prices rising 0.5% compared with the previous month.

The average amount paid for a home ticked up to £271,995, according to Nationwide Building Society, recovering from a 0.1% decline in August, while the annual rate of house price growth accelerated slightly from 2.1% to 2.2%.

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