UK house prices grew at the fastest pace in six years in December as the property market remained resilient despite the pandemic, data published by the Nationwide Building Society showed on Wednesday.
House prices climbed 7.3 percent year-on-year in December, following November's 6.5 percent increase. Prices were expected to rise 6.7 percent.
On a monthly basis, house price inflation eased slightly to 0.8 percent from 0.9 percent in the previous month. The expected rate was 0.4 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.