LONDON (Reuters) – British house prices were unchanged in September from August, mortgage lender Nationwide said on Friday.
House prices were 9.5% higher than in September last year, Nationwide said.
Economists polled by Reuters had forecast monthly and annual price rises of 0.3% and 10.0% respectively.
Britain’s housing market has shown signs of cooling from its coronavirus pandemic boom as a cost-of-living squeeze tightened and the Bank of England raised interest rates to tackle fast-rising inflation.
(Writing by William Schomberg; editing by William James)
