British annual house price growth marked a further 'sharp' slowdown in December, mortgage lender Nationwide said on Friday, adding that the final month of 2022 also saw prices record their worst run since 2008 on a monthly basis.
High-rise apartments under construction can be seen in the distance behind a row of residential housing in south London, Britain, August 6, 2021. REUTERS/Henry Nicholls
In annual terms, house price growth slowed to 2.8% in December from 4.4% in November, Nationwide said, compared with the 2.3% growth forecast in a Reuters poll.
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