A gap between the least and most affordable regions remains as house prices experience the longest consecutive fall in price since 2009.
since February 2009, according to economic research company Pantheon Macroeconomics.
The cost has come down by roughly £20,000 and last month the average house was £258,297 - a further decrease from £262,068 in December.The Bank figures showed demand for mortgages fell to the lowest level since the early days of the 2020 COVID-19 lockdown in December. The problem is particularly hard for those in the private rental sector, Nationwide's chief economist said.
There remains a gap between the least and most affordable regions, the Nationwide figures illustrated though it has remained stable over the year.
Danmark Seneste Nyt, Danmark Overskrifter
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