UK house prices rise at fastest pace since November 2018: Nationwide

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UK house prices rise at fastest pace since November 2018: Nationwide
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British house prices rose in January at their fastest annual rate since November...

FILE PHOTO: Houses are seen painted in various colours in a residential street in London, Britain, May 15, 2019. REUTERS/Toby Melville

Nationwide Building Society said annual house price growth in January increased to 1.9% from December’s 1.4%, above all forecasts in a Reuters poll of economists, in what it called a “modest pickup”. House prices in January alone rose by 0.5% on the month, up from 0.1% in December and above the average forecast of a 0.3% rise.

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