Rise of 3% in April, the fastest annual pace in 11 months, leaves typical property worth £278,880, says Nationwide
House price growth in the UK has surprised estate agents and economists by jumping in April at the fastest annual pace in 11 months, according to Nationwide.
The UK’s biggest building society said its mortgage data showed that house prices unexpectedly rose by 3% in April on a year earlier, from 2.2% in March, leaving the typical UK property worth £278,880.
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This article was originally published by The Guardian and written by Tom Knowles.
Read original article on The Guardian