House price inflation returned to double digits in November, as the property market shrugged off the end of the stamp duty holiday, according to new figures.
The average home now costs £22,966 more than a year ago at £252,687, after house prices increased by 10 per cent annually in November, against a rise of 9.9 per cent the month before, Nationwide Building Society said.
The mortgage giant said that the pandemic property boom means the average cost of a home is nearly 15 per cent higher than in March 2020, when it stood at £219,583.
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