U.K. House Prices Rise for Second Month on Mortgage Availability
This article is for subscribers only.
U.K. house prices rose for a second month June as mortgage availability improved, pushing the annual gain in values to the highest since September 2010, Nationwide Building Society said.
Prices rose 0.3 percent from the previous month, when they advanced 0.4 percent, the Swindon, England-based customer-owned lender said in an e-mailed statement today. The average value last month was 168,941 pounds ($257,300), up 1.9 percent from a year earlier.