Money Distilled

There Are Tentative Signs of a UK House Price Recovery

As always, what happens next will depend on the cost of mortgages.

The UK housing market: a work in progress.

Photographer: Chris J. Ratcliffe/Bloomberg

Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

Today, after nearly a week of being distracted by shenanigans in global stock and currency markets, it’s time for us to return to the most important finance topic in the world: what’s going on with UK house prices?