House prices defied expectations to rise last month, despite demand remaining “extremely weak”.
On average, UK house prices climbed by 0.9% in October, according to the latest data from Nationwide. It was the largest month-on-month increase since the spring of 2022, when the property market was still enjoying its post-lockdown rebound.
However, prices remain 3.3% lower than they were at this time last year, with the average house price now at £259,423.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
