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The Independent UK
The Independent UK
Business
Vicky Shaw and Alex Ross

Surprise jump in house prices with fastest rise in two years - as experts warn they will continue to increase

Nationwide Building Society Robert Gardner Nationwide Budget Sarah Coles Hargreaves Lansdown
Annual house price growth rose to 3.7 per cent in November, according to Nationwide Building Society - with experts predicting it will continnue to rise in the coming months - (PA Archive)

House prices made a surprise jump in November, with experts predicting they will continue to rise as buyers “race to secure a deal” ahead of upcoming changes to stamp duty.

The average UK house price rose by 1.2% month-on-month in November, according to Nationwide Building Society, which was the biggest increase since March 2022.

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