UK Housing Market Update October 2018
Price growth continues shift northwards.
- House prices rose 0.3% in September, according to Nationwide.
- This puts year to date growth at 1.2%, slightly above our forecast for 2018 of 1.0%.
- The strongest growth continues to be focused in the Midlands and North of England.
- Annual rental growth remained at 0.9% in August, according to the ONS.
- London has been the weakest performer, with rents 0.3% lower than this time last year.