Average cost of a home increased to £260,420 in February, up by 1.2% on a year earlier, says NationwideBusiness live – latest updatesUK house prices grew for the first time on an annual basis in more than a year in February, as a decline in borrowing costs prompted an uptick in the housing market, according to a survey.The average price of a home rose to £260,420 in February, up by 0.7% from the month before, and by 1.2% compared with a year earlier, according to Britain’s biggest building society Nationwide. This is the first annual growth since January 2023, and comes after a 0.2% year-on-year drop in January. Continue reading…
Source : theguardian.com
Read more…UK house prices rise for first time in more than a year as interest rates drop
