UK house prices rose unexpectedly in October, index shows
Nationwide records monthly increase of 0.9% but average property value down 3.3% year on yearBusiness live – latest updatesUK house prices unexpectedly rose by 0.9% month on month in October, reflecting a constrained supply of properties for buyers to choose from, according to Nationwide’s index.However, the building society said the average property value was still down year on year – a 3.3% drop compared with the same month last year – falling to £259,423.
