UK house prices in surprise fall amid high mortgage costs
Average price for a home drops by 0.1% to £271,079 in August compared with July, according to NationwideBusiness live – latest updatesUK house prices unexpectedly fell in August as high mortgage costs dampened activity.The average price for a home dropped by 0.1% to £271,079 last month compared...
<p>Average price for a home drops by 0.1% to £271,079 in August compared with July, according to Nationwide</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/sep/01/factory-activity-us-tariffs-uk-house-price-drop-mortgage-interest-rates-business-live-news-updates">Business live – latest updates</a></p></li></ul><p>UK house prices unexpectedly fell in August as high mortgage costs dampened activity.</p><p>The average price for a home dropped by 0.1% to £271,079 last month compared with July, according to the Nationwide. Economists had expected a rise of 0.2%, according to a poll by Reuters.</p> <a href="https://www.theguardian.com/money/2025/sep/01/uk-house-prices-fall-mortgage-costs-august-nationwide">Continue reading...</a>
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