Sensex: 83,627.69 (-0.29%)

Nifty: 25,665.60 (-0.26%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Economic Buzz: UK house prices growth weakest since 2024
02-Jan-2026 15:02
UK house prices grew at the slowest pace since April 2024 largely due to the high base effects, data from the Nationwide Building Society showed on Friday.

House prices posted an annual growth of 0.6 percent in December, which was weaker than the 1.8 percent rise in November.

On a monthly basis, house prices dropped 0.4 percent, in contrast to the 0.3 percent increase seen in November.

Stamp duty changes that took effect at the beginning of April created volatility through the spring and summer. Transactions spiked in March to avoid additional tax and activity softened in the following months.

Affordability constraints eased somewhat with house price growth well below the rate of earnings growth and a steady fall in mortgage rates.

Nationwide expects house price growth to be broadly in the 2 percent to 4 percent range.

In the fourth quarter, average house prices grew 0.7 percent sequentially and advanced 1.7 percent from the same period last year.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.