House prices up in January but rapid rebound ‘unlikely’ this year, says Nationwide

By Daniel Gayne2024-01-31T10:24:00

Latest figures paint positive picture

UK house prices rose 0.7% in January after plateauing at the end of last year, according to figures from Nationwide.

The building society’s latest House Price Index, published this morning (Wednesday), showed average prices increased to £257,656 this month, from £257,443 in December (not seasonally adjusted).

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