House rates grew at their fastest yearly speed for 2 years in November, according to the newest study from Nationwide. The loanprovider stated the rate of a common UK home increased by 3.7% last month compared to a year earlier, with home worths close to a record high. It stated the velocity in home cost development was “surprising, consideringthat cost stays extended by historical requirements”. However, it keptinmind that the realestate market had stayed “relatively resistant” in current months, with the number of homemortgages authorized at near pre-pandemic levels. House costs increased by 1.2% inbetween October and November, Nationwide stated, the mostsignificant month-on-month boost consideringthat March2022 The average home now costs £268,144, according to the bu
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