House prices slow down but still post 9.5% gain, says Nationwide

House prices in the UK rose 9.5% in the year to September, says Nationwide, which compares to 9.5% recorded for August.

With precisely zero growth noted from August to September – the first month not to see a rise since July 2021 – the average price now rests at Β£272,259 says the lender.

Nationwide adds that 10 out of 13 regions saw price rises slow in Q3 2022, although the poorest-performing region, London, still racked up 6.7% annual growth for the quarter.

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