House prices stall in September amid economy fears

By David Blackman2022-09-30T10:20:00

Source: Shutterstock

Nationwide figures show market stuttering prior to withdrawal of hundreds of mortgages in recent days

House price growth stalled last month, according to new figures from the Nationwide Building Society, which also show the annual rate of increase dipping below 10% for the first time in nearly a year.

The Nationwide House Price Index (HPI) for September, which has been published today (Friday), shows prices were unchanged over the month from August after taking account of seasonal effects, the first time this has happened since July 2021.

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