UK house prices rise at fastest pace since November 2018

UK house prices rise at fastest pace since November 2018
  • Clock-gray 12:14
  • calendar-gray 29 January 2020

British house prices rose in January at their fastest annual rate since November 2018, adding to signs of a modest pick up in the housing market and broader economic confidence since December’s election, industry figures showed on Wednesday, APA reports citing Reuters.

Nationwide Building Society said annual house price growth in January increased to 1.9% from December’s 1.4%, above all forecasts in a Reuters poll of economists, after a monthly increase of 0.5% in January alone.

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