UK house prices continued to rise in November

Annual house prices in the UK increased by 10 percent in November.

According to the data of the housing credit institution Nationwide, housing prices in the country increased by 10 percent in November this year.

In the previous month (October), housing prices in the country had increased by 9.9 percent on an annual basis.

In the statement of the organization, it was reported that the average house price in the country reached the level of 252 thousand 687 pounds, and it was pointed out that the housing prices in the country have already increased by 15 percent compared to March 2020 before the epidemic.

Nationwide Chief Economist Robert Gardner, whose evaluations were included in the statement, noted that the possible effects of the new type of coronavirus (Kovid-19) variant Omicron on the housing market are still unclear.

"There have been some signs of cooling in housing market activity in recent months. For example, the number of housing transactions fell almost 30 percent year-on-year in October," Gardner said. made his comment.