Average UK house price rose by 0.7% month on month in January, index shows
by Vicky Shaw
Jan 31, 2024
3 minutes
The average UK house price increased by 0.7% month on month in January, amid a “little more positive” outlook for the property market, according to an index.
Property values were down by 0.2% compared with a year earlier, Nationwide Building Society said.
The average UK house price in January was £257,656.
Housing market experts said the report adds to evidence that house price declines are “bottoming out”.
Robert Gardner, Nationwide’s chief economist, said: “There have been some encouraging signs for
You’re reading a preview, subscribe to read more.
Start your free 30 days