UK house prices grew by 5.1% in the year to November 2017, experiencing a 0.3 percentage point decrease from the previous month.

The Royal Institution of Chartered Surveyors' (RICS) UK Residential Market Survey for November 2017 (PDF, 598KB) reported that their headline near term price expectations series rose to -5% from -10% in October, meaning three month expectations are now more or less flat at the national level. Similarly, the new buyer enquiries series stabilised with a net balance of -5% of respondents noting a decline in demand (as opposed to an increase), up from -19% in October.