<p>Sluggish growth of 0.5% in October comes as higher borrowing costs put break on market</p><p>UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.</p><p>The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0.8% in the year to September, according to the lender Nationwide.</p> <a href="https://www.theguardian.com/business/2026/oct/30/uk-house-prices-grow-at-slowest-pace-in-two-years-as-mortgage-rates-rise">Continue reading...</a>
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UK house prices grow at slowest pace in two years as mortgage rates rise
<p>Sluggish growth of 0.5% in October comes as higher borrowing costs put break on market</p><p>UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers.</p><p>The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0.8% in the year to September, according to the lender Nationwide.</p> <a href="https://www.theguardian.com/business/2026/oct/30/uk-house-prices-grow-at-slowest-pace-in-two-years-as-mortgage-rates-rise">Continue reading...</a>