In a significant update to the UK's economic landscape, the Nationwide House Price Index indicates a decline in the growth rate for November 2025. Newly released data on December 2, 2025, reveals that the index has fallen to 1.8%, down from 2.4% in October.
This shift marks a noticeable reduction in the rate at which house prices are rising across the country, as the annual increase has lost momentum from the previous month. The year-over-year comparison shows the current indicator's 1.8% growth compared to the same period a year ago, suggesting a cooling of the house price surge that had been observed earlier in the year.
Economic analysts will be closely watching how this change might impact the housing market and broader economic outlook, amid ongoing challenges such as inflationary pressures and interest rate volatility. The reduction in house price growth could signal changing market dynamics, possibly pointing towards a stabilization or a temporary halt in the housing boom seen throughout the UK over the past year.