U.K. House Prices Unexpectedly Rise in May

Publication date: Wed, 06/03/2009

U.K. house prices posted their strongest monthly gain for 19 months in May, a further sign that the severe downturn in the residential property market may be bottoming out, data from the Nationwide Building Society showed. U.K. house prices posted an unexpected gain in May. The mortgage lender said the price of a typical house rose 1.2% from April to

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