Fri Jan 02 08:05:56 UTC 2026: Here’s a summary of the text and a news article based on it:
Summary:
The Hindu, an Indian news outlet, reports that British house prices unexpectedly fell by 0.4% in December 2025, resulting in a weak annual growth of only 0.6%. This is the slowest annual growth since April 2024, falling short of economists’ predictions of a 0.1% monthly increase and a 1.2% year-over-year rise.
News Article:
British Housing Market Stumbles: Prices Fall Unexpectedly in December
London, UK – January 2, 2026 – Contrary to expectations, British house prices experienced a 0.4% dip in December 2025, according to data released today by Nationwide Building Society. This unexpected decline resulted in a meager 0.6% annual growth for the year, marking the weakest performance since April 2024.
The figures, reported by Indian news outlet The Hindu, are a surprise to economists surveyed by Reuters, who had predicted a 0.1% monthly increase and a 1.2% rise compared to December 2024.
The slowdown in the housing market raises concerns about the UK’s economic outlook as the new year begins. Further analysis is expected to determine the factors contributing to the decline and the potential impact on the broader economy.
First Piper 