UK house price growth at lowest level since 2013

Annual UK house price growth in December slowed to its lowest level since February 2013, according to Nationwide.

House prices grew 0.5% in 2018, compared with 2.6% in 2017. In December alone, prices fell 0.7%, which was the sharpest monthly decline in more than two years.

The latest Nationwide House Price Index showed a mixed picture throughout the UK, with prices in Northern Ireland up 5.8% in 2018 while England’s house prices grew at a more moderate 0.7%.

A north-south divide was evident in England, where house prices slowed in the south – and fell in