Nationwide expects 2% price growth in 2017

23rd December 2016

Nationwide Building Society has said house price growth is likely to slow to around 2% next year due to Brexit-related uncertainty. Nationwide's chief economist, Robert Gardner, said a small gain is more likely than an overall decline in values as “low interest rates are expected to help underpin demand while a shortage of homes on the market will continue to provide support.” Nationwide’s latest measure of house prices showed a 4.6% year-on-year rise in house prices in the 12 months to October.

Daily Mail (19/12/2016)