Nationwide figures have today revealed average UK house prices rose by 0.4% in November and 1.6% on a year ago, adding to the mixed picture across the major house price indices.
The mutual said that house prices have remained "surprisingly resilient" in recent months, despite the economic environment, with November's monthly increase adding to the rise of 0.4% recorded by the mutual in October. However, figures from across the house price indices offer a confused picture of increasing and decreasing property prices, albeit at low levels. Hometrack's November results showed house prices fell for the 16th month in a row, down 0.2% and 2.2% year-onyear, while Rightmove research suggested property asking prices fell 3.1% in November. By comparison, Land Regist...
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