UK house prices increase for a third month, Nationwide says


Nationwide Building Society said its measure of house prices grew 0.3% in July following a 0.2% increase the month before. — Bloomberg

UK house prices rose for a third month, adding to evidence the market is stabilising in the face of the highest borrowing costs in 16 years, according to one of the top mortgage lenders.

Nationwide Building Society said its measure of house prices grew 0.3% in July following a 0.2% increase the month before. Economists had expected a 0.1% increase.

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