GBP UK House Prices Show Lack of Movement

UK house prices rose by 0.2% in February compared with the previous month, but were the same as a year ago, the Nationwide has said.

The building society said that the average UK home cost £162,638.

The figures, based on its own mortgage data, signalled the lack of movement in prices in the last two years, it said.

But there were “tentative signs” of a pick-up in activity in recent months owing to the relative strength of the jobs market.

via BBC

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