Fears over Brexit caused British house prices to all but stagnate in 2018, rising by the smallest amount in almost six years, according to data from Nationwide.
Britain’s biggest building society said that compared with a year earlier, house prices rose by only 0.5% in December – the slowest annual rate of growth since February 2013.
House prices fell by 0.7% between November and December, it said. The average house price in the UK last month was £212,281 compared to £211,156 in December 2017, and just under £206,000 two years ago.
