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UK house prices jump in July - Nationwide

Fri, 31st Jul 2020 07:23

LONDON, July 31 (Reuters) - British house prices jumped in
July, erasing around half the losses that were recorded during
May and June due to COVID-19, figures from mortgage lender
Nationwide showed on Friday.

House prices rose by 1.7% in July, well above gains forecast
by economists in a Reuters poll, after dropping 1.6% in June and
1.7% in May, and are now 1.5% higher than a year ago.

(Reporting by David Milliken; editing by John Stonestreet)

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