UK Nationwide House Price Inflation At 2 Year High

UK house prices increased at the fastest pace in two years in November underpinned by low unemployment and strong income gains, data from the Nationwide Building Society showed on Monday. House prices grew 3.7 percent on a yearly basis in November after rising 2.4 percent in October. This was the strongest growth since November 2022 and also exceeded the expected growth of 2.4 percent.

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