Modest rise of 2.6% for house prices in 2017 according to Nationwide

January 4, 2018

Latest Nationwide House Price Index report – December 2017 headlines ‘House prices rise by a modest 2.6% in 2017.’

UK annual house price growth ended 2017 at 2.6%, compared with 4.5% in 2016 according to Nationwide.

The Nationwide HPI report reveals that London is the weakest performing region for the first time since 2004, with house prices down 0.5% year-on-year.

Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist said: “Annual house price growth ended the year at 2.6%, within the 2-4% range that prevailed throughout 2017. This was in line with our expectations and broadly consistent with the 3-4% annual rate of increase we expect to prevail over the long term(which is also our estimate for earnings growth in the long run) more….

Read the Nationwide HPI report December 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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