‘Average UK house price fell by 1.4% month on month in November’

The average house price fell by 1.4 per cent month on month in November, marking the biggest drop since June 2020, according to an index.

November’s drop followed a 0.9 per cent month-on-month fall in October.

Across the UK, annual house price growth slowed sharply to 4.4 per cent, from 7.2 per cent annual growth recorded in October.