UK house prices logged a faster growth in April despite geopolitical tensions in the Middle East and rising energy prices, data published by Nationwide Building Society showed Friday.
House prices grew by more-than-expected 3.0 percent on a yearly basis in April, following an increase of 2.2 percent in March. Prices were expected to rise again by 2.2 percent.
On a monthly basis, house prices climbed unexpectedly by 0.4 percent but slower than the previous month's 0.9 percent increase. Prices were forecast to drop 0.3 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.