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Nationwide Building Society House Price Index Nov 22

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    Nationwide Building Society House Price Index Nov 22

    Key points:
    • Annual UK house price growth slowed to 4.4% in November, from 7.2% in October
    • Prices fall 1.4% month-on-month – biggest fall since June 2020 – following 0.9% drop in October

    Some interesting reading here. My personal opinion in terms of mortgages is that interest rates will stay close to where they are for the rest of the year especially as we move towards Christmas. Like many industries, banks operate with skeleton staff levels over Christmas so will put the shutters down for new business. My prediction for next year and subject to no more world stage volatility is that we will see fixed rate money come down to the late 3 and early 4% mark.


    Full report here:


    https://www.nationwidehousepriceinde...mf-dcrcb-7dkzc

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