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UK House Price Inflation Unexpectedly Accelerates In August: Nationwide

UK house prices rose at a faster annual pace in August and prices climbed at the second fastest pace in 15 years from the previous month, survey results from the Nationwide Building Society showed Wednesday.

The house price index rose 11.0 percent year-on-year following a 10.5 percent increase in July. Economists had expected the pace to slow to 8.6 percent.

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by RTTNews Staff Writer

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