LONDON (Reuters) – Growth in British house prices, which has slowed almost to a halt ahead of Brexit, picked up a bit of speed in October after touching an eight-month low in September, according to a survey from mortgage lender Nationwide.
House prices rose by 0.4% on the year, Nationwide said on Tuesday. A Reuters poll of economists had pointed to another rise of 0.2%.
In October alone, house prices rose by 0.2%, also slightly stronger than forecasts of no change.
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