From 19m ago 02.23 EST Introduction: House prices fall 1.8% in 2023, on final City trading day of the year Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. It’s the final trading day of 2023! And Nationwide , the building society, is kicking the day off by reporting that UK house prices have fallen by 1.8% over the last year. That’s a smaller fall than expected at the start of the year, when some analysts predicted prices could fall by over 10%, as the market has picked up as mortgage rates fell this autumn. On a monthly basis, the average house price dipped to £257,443,…
