# UK house prices grow at slowest pace in two years as mortgage rates rise

- Source: Guardian World
- Published: 2026-10-30T09:05:48+00:00
- Category: Local
- Original: https://www.theguardian.com/business/2026/oct/30/uk-house-prices-grow-at-slowest-pace-in-two-years-as-mortgage-rates-rise
- Canonical: https://groundlevelnews.com/story/uk-house-prices-grow-at-slowest-pace-in-two-years-as-mortgage-rates-ri-078ff8/

Sluggish growth of 0.5% in October comes as higher borrowing costs put break on market UK house prices grew by an annual rate of just 0.5% in October, the slowest pace in more than two years, as higher mortgage rates put off potential buyers. The average price for a property in the UK stood at £273,566 in October, flat on the previous month and down from 0.8% in the year to September, according to

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._