Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Increase in house prices in November is slightly lower than in October, but market continues to show signs of recovery
Average house prices increased by 0.6% in November, which is slightly down from the 1.2% rise seen in October, but still indicates a continued recovery of UK property prices.
Compared to this time last year, house prices have dropped by 1%, whereas in October they were down 3.1% year-on-year.
The house price index found that the average UK home now costs £283,615, around £1,300 more than last month.
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