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U.K. House Prices Surge Most in 17 Years as Lockdown Eases

  • Change in work patterns fuel home sales outside cities
  • Outlook is more uncertain for prices the rest of this year
Real Estate Market Ahead Of Mortgage Approvals Figures
Photographer: Chris Ratcliffe/Bloomberg
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U.K. house prices surged at the strongest pace since 2004 this month as the country eased out of lockdown and buyers rushed to take advantage of an extended tax break on purchases.