House price growth in the UK slows sharply in September, according to the latest monthly figures from Nationwide Building Society. The annual rate of house price growth is reported to have halved during the month.
The outlets attribute the change to higher mortgage rates, which can reduce demand and affordability. Two of the sources also report that house prices fall in September, while all describe the same broad shift: a clear cooling compared with earlier performance.
While the reports differ slightly in emphasis—some focus on the halving of annual growth, others highlight a decline in prices—the underlying message is consistent across coverage. Nationwide’s data indicates that market momentum weakens in September, with mortgage-rate pressures viewed as a contributing factor. The figures are treated as the latest evidence of changing conditions in the housing market.
