UK house price growth slows as buyers ‘sit on sidelines’ before budget
by Jasper Jolly from on (#714X9)
Amid talk of property taxes, average price of home rose by 0.3% in October to 272,226, Nationwide says
British house price growth slowed in October, according to lending data, with analysts suggesting that buyers are sitting on the sidelines" before a budget that may bring new property taxes.
The average house price rose by 0.3% month on month in October, Nationwide said, down from 0.5% in September. The average price of a home was 272,226, up from 271,995 in September.
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