UK house prices growth accelerated in September amid easing borrowing costs, data from the mortgage lender Nationwide Building Society showed Wednesday.
House prices logged an annual growth of 2.2 percent in September, slightly faster than the prior month's 2.1 percent rise. The annual increase was forecast to ease to 1.8 percent.
On a monthly basis, house prices rebounded 0.5 percent after a 0.1 percent drop in August. This was also faster than economists' forecast of 0.2 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.