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Economics

U.K. House Prices Post Biggest Jump Since 2004, Nationwide Says

  • Building society says prices climbed 14.3% from a year earlier
  • Market surge is defying concerns over the cost of living
U.K. house prices have jumped 14.3% from a year earlier.

U.K. house prices have jumped 14.3% from a year earlier.

Photographer: Darren Staples/Bloomberg

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U.K. house prices jumped at the fastest annual pace since 2004 in March, as the nation’s property market continued to defy the wider cost of living crisis.