Nationwide: House price growth rises to 5.8%

Nationwide: House price growth rises to 5.8%

Yearly house price growth increased to 5.8% in the year to October 2020, Nationwide’s House Price Index has found. (Please click or tap the picture to find out more)

This represents an increase from the 5.0% growth in September 2020.
Monthly price growth has slowed from 0.9% between August and September to 0.8% between September and October.
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Source: Property Wire



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Over the past 25 years, UK house prices have risen significantly, quietly building wealth for homeowners along the way. While markets move in cycles, the long-term trend remains clear. For many households, their home has become one of the most consistent and powerful drivers of personal wealth.