Economic news

UK house price growth rises in October

UK annual house price growth inched up 0,2 percent to a three-month peak in October, mortgage lender Nationwide reported on Wednesday, although the forecast for the housing market remained muted.

House prices increased 2.5 percent year-on-year compared with 2.3 percent in September.

The average price of a house in the UK grew by £284 to £211,085.

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