Annual house price growth remained “subdued” at 0.8%, said Nationwide in its newly published House Price Index.
The annual change of 0.8% was the strongest seen since April this year.
On a month-to-month basis, November saw a 0.5% rise in prices, up from a 0.2% rise reported in October.
The average price of a house now sits at £215,734 compared to £215,368 the month prior.
Robert Gardner, nationwide’s chief economist, said: “Annual house price growth remained below 1% for the 12th month in a row in November, at 0.8%, though this was the strongest outturn since April.”
Political uncertainty lies at the root of this “subdued” pace of growth, claims Nationwide.
Gardener said: “Indicators of UK economic activity have been fairly volatile in recent quarters, but the underlying pace of growth appears to have slowed as a result of weaker global growth and an intensification of Brexit uncertainty.”
However, the agency claims that general elections do not tend to “generate volatility” , or result in any significant change in house market trends.
Gardener added: “To date, the slowdown has largely centred on business investment, while household spending has been more resilient.
“It appears that housing market trends have not traditionally been impacted around the time of general elections. Rightly or wrongly, for most home buyers, elections are not foremost in their minds while buying or selling their home.”