UK Property: Activity subdued but property values are still holding in April | Property | Life & Style

According to latest data released by mortgage lender the Nationwide this morning, house prices edged up month on month by 0.2 per cent, with the annual rate of growth now standing at 2.6 per cent. The figures, which are based on property valuations at post Survey mortgage approvals stage, would indicate that the UK average property price rose from £211,625 in March to £213,000 in April. Looking back to April 2017, the average property price was £207,699. Robert Gardner, Nationwide’s Chief Economist, commented “These figures are broadly in line with…

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