Nationwide: house prices up 4.7% in 2024

Nationwide: house prices up 4.7% in 2024

House prices rose by 4.7% on an annual basis in December, according to major lender Nationwide, finishing the year in a position of strength. This marks a significant recovery from the year before, when prices fell by 1.8%.

The growth was not evenly distributed across the country, though. Northern regions saw greater house price growth than southern regions, where affordability is more stretched due to higher prices.

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