UK house prices grew by 0.3 % in November YoY , compared to 1.5 % the month before , marking their slowest growth in five years , according to data from Halifax . It revealed the average house price had slipped £ ##50 ( $ 1 ) to £ 224,578 , with Halifax attributing the sluggish activity to a combination of Brexit and an all - time low in housing stocks . The figures came after Nationwide 's index , which showed a slightly brighter picture , with house prices growing 1.9 % in November compared to October 's 1 % .
UK house prices grew by 0.3% in November YoY, compared to 1.5% the month before, marking their slowest growth in six years, according to data from Halifax. It revealed the average house price had slipped £3,000 ($3,782) to £224,578, with Halifax attributing the sluggish activity to a combination of Brexit and an all-time low in housing stocks. The figures came after Nationwide's index, which painted a slightly brighter picture, with house prices growing 1.9% in November compared to October's 1.6%.