UK house prices ended 2024 some 4.7% higher than at the start of the year, according to the Nationwide. Property prices and housing market activity remained “remarkably resilient” despite affordability challenges facing buyers, the lender said. The average home in the UK cost £269,426 at the end of December, its figures show. Despite the latest rise, the average cost remains below the peak seen in the summer of 2022.
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