UK house prices rose 0.4% in May, while annual growth was 1.3%, according to Nationwide.

UK house prices increased by 0.4% in May, seasonally adjusted, according to Nationwide Building Society, with annual growth at 1.3%. The housing market has shown resilience amid ongoing affordability challenges, though the market remains cautious with lower-than-expected monthly property transactions. Nationwide expects the general election to have minimal impact on house prices.

May 31, 2024
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