Wednesday, 28 June 2017

UK house prices rebound, Nationwide says

UK house prices bounced back in June after three months of falls, according to mortgage lender Nationwide.

House prices rose by 1.1% during the month after falling by 0.2% in May.

But Nationwide economist Robert Gardner warned that "monthly growth rates can be volatile, even after accounting for seasonal effects".

The average price of a house in the UK rose by £2,590 to £211,301. Annual house price growth edged up to 3.1% from 2.1% in May.

BBC    News.

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