UK house prices stabilise in April after falls: Nationwide

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, May 2 (Reuters) - British house prices showed signs of stabilisation in April when they rose by 0.5% after falling for the seven previous months, mortgage lender Nationwide said on Tuesday. Compared with April last year, the average house price was down 2.7%, Nationwide said. Analysts polled by Reuters had expected prices to fall by 0.4% in month-on-month terms and by an annual 3.6%. (Reporting by William Schomberg; editing by Sarah Young)

Reuters Messaging: william.schomberg.reuters.com@reuters.net))
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