Article 6BBV5 UK house prices rise for first time in eight months

UK house prices rise for first time in eight months

by
Julia Kollewe
from World news | The Guardian on (#6BBV5)

Nationwide expert hails tentative signs of a recovery' as buyers' confidence improves

UK house prices rose by 0.5% in April after seven months of declines, according to Nationwide building society.

The modest increase took the average price of a home to 260,441 last month, from 257,122 in March. Compared with April last year, prices were down 2.7%, after a 3.1% annual decline in March.

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