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UK May Nationwide house prices +0.4% vs +0.1% m/m expected

  • Prior -0.4%
  • House prices +1.3% vs +0.8% y/y expected
  • Prior +0.6%

UK house prices picked up in May as the housing market continues to show more signs of resilience this year. The average price for a dwelling is now seen at £264,249, up from £261,962 in the month before.

This article was written by Justin Low at www.forexlive.com.

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