Article 6QBSY Housing market at its strongest since Truss mini-budget aftermath

Housing market at its strongest since Truss mini-budget aftermath

by
Mark Sweney
from World news | The Guardian on (#6QBSY)

House prices grew at annual rate of 2.4% in August, the fastest since December 2022, Nationwide figures show

The UK housing market is at its strongest since the aftermath of Liz Truss's infamous mini-budget that sent borrowing costs soaring, according to the latest figures.

Nationwide said house prices grew at an annual rate of 2.4% in August, up from 2.1% in July and the fastest rate since December 2022.

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