The housing market has had its strongest start to the year since 2005 but is likely to slow over 2022, according to Nationwide.
Annual house price growth rose to 11.2% in January, accelerating from 10.4% in December 2021, according to the building society's latest index.
Prices rose by 0.8% month on month, after taking account of seasonal effects, which is the sixth consecutive monthly increase. Across the UK, the average house price in January was £255,556.
