# UK house price growth fizzling out; ‘Elite North Korean hackers’ blamed for $6.3bn Binance hack – business live

- URL: https://talkfuse.com/story/uk-house-price-growth-fizzling-out-elite-north-korean-hackers-blamed-for-6-3bn-binance-hack-business-live/
- Published: 2026-10-30T08:42:02+00:00
- Original publisher: The Guardian (publisher lean: Left)
- Original article: https://www.theguardian.com/business/live/2026/oct/30/uk-house-price-growth-crypto-industry-6bn-binance-hack-eurozone-france-gdp-latest-news-updates
- Topics: Asia, Business, Crypto, Cybersecurity, Technology, UK, World

## Key points

- Annual house price growth slowed to 0.5% in October.
- Prices were unchanged compared with September.
- Mortgage rates near 6% are weighing on demand.

## Summary

UK house price growth slowed to 0.5% in the year to October, its weakest annual rate since January 2024, as higher mortgage costs and economic uncertainty cooled demand. The figures suggest the housing market has lost momentum, with surveyors reporting weak buyer enquiries and households growing less confident.

Nationwide said average prices were unchanged month on month, compared with annual growth of 0.8% in September. Fixed-rate mortgages had risen to almost 6% on average, while expectations of Bank Rate increases and concerns about inflation added pressure. Nationwide’s chief economist said there could be further softness in the near term.

## Coverage

- [The Guardian: UK house price growth fizzling out; ‘Elite North Korean hackers’ blamed for $6.3bn Binance hack – business live](https://www.theguardian.com/business/live/2026/oct/30/uk-house-price-growth-crypto-industry-6bn-binance-hack-eurozone-france-gdp-latest-news-updates)
- [BBC World: What we know about Binance's $6.3bn hack](https://www.bbc.co.uk/news/videos/cv2d62e34rw5o?at_medium=RSS&at_campaign=rss)

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.