House prices see biggest fall for two years, says Nationwide
Prices fell 1.4% in November as higher interest rates put off buyers, Nationwide says. …
Speaking to the BBC’s Today programme, Nationwide’s chief economist, Robert Gardner, said: “A lot of this reflects the fallout of the mini-budget and the big rise that we saw in mortgage rates, because that really did change the affordability calculations for prospective buyers and really made things a lot less affordable.”
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