UK house prices surge for 7th month on stronger labor market
January 27, 2016 9:08 am
UK house prices climbed for a seventh month in January, and the Nationwide Building Society has said a better labor market may bolster gains.
In a statement, the lender reported the average home price rose 0.3% to £196,829 ($282,100). The annual growth rate was 4.4% last month from 4.5% in December.
Chief Economist Robert Gardner said the perils are slanted towards a moderate advance in house price acceleration, at the national level at least.
The material has been provided by InstaForex Company – www.instaforex.com
UK house prices climbed for a seventh month in January, and the Nationwide Building Society has said a better labor market may bolster gains.
In a statement, the lender reported the average home price rose 0.3% to £196,829 ($282,100). The annual growth rate was 4.4% last month from 4.5% in December.
Chief Economist Robert Gardner said the perils are slanted towards a moderate advance in house price acceleration, at the national level at least.
The material has been provided by InstaForex Company – www.instaforex.com
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