UK house price growth tops 1% for first time in a year

Average price in December was £215,282 with London weakest performer, says Nationwide

House prices ended 2019 1.4% higher than at the start of the year, according to Nationwide building society.

Across the UK, the average house price in December was £215,282, marking a 1.4% annual increase and the first time it has been above 1% for 12 months. Property values edged up by 0.1% month-on-month.

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