UK house prices bounce back in May, says Nationwide
Source: BBC
UK house prices returned to growth in May after rising by 0.4%, according to Nationwide, as buyers' confidence was buoyed by wage growth and lower inflation.The average house price reached £264,249 this month, compared to £261,962 in April, the building society said.Mortgage rates in the UK have been comparatively high because the Bank of England is not forecast to cut interest rates as quickly or as steeply as…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC