November 1, 2018 / 7:16 AM / 18 days ago

UK house prices rise at slowest pace in over 5 years - Nationwide

LONDON, Nov 1 (Reuters) - British house prices, which have risen more slowly since the 2016 Brexit vote, increased at their slowest pace in more than five years in October, according to data published on Thursday by mortgage lender Nationwide.

Compared with October 2017, prices rose by 1.6 percent, down from 2.0 percent in the previous month and below a median forecast of 1.9 percent in a Reuters poll of economists.

Prices were flat in monthly terms after 0.2 percent rise in September, Nationwide said. (Writing by William Schomberg; editing by John Stonestreet)

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