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Nationwide House Price Review and Outlook for 2025
20 December 2024
Housing market resilient despite ongoing affordability challenges.
● Activity levels in the housing market increased over the course of 2024.
● The pace of house price growth moved firmly into positive territory, approaching 4% in November.
● House prices are expected to see growth, broadly in the range of 2% to 4% in 2025.
Looking back at the housing market in 2024 and what we can expect in 2025, Robert Gardner, Nationwide's Chief Economist, comments:
"Mortgage market activity and house prices proved surprisingly resilient in 2024 given the ongoing affordability challenges facing potential buyers."
