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House prices in the UK increased by 10.5% annually in May, shows Halifax’s latest index. An eleventh monthly rise in a row saw prices go up by 1% by this metric, leaving the average house price at £289,099. Halifax says that compared to May last year, prospective buyers need £10,000 more to buy a flat and £50,000
Nationwide warns consumer confidence is falling
House prices in the UK rose by 11.2% on the year in May, reports Nationwide, which compares to an increase of 12.1% in April. On a monthly basis, prices went up by 0.9%, which is the tenth monthly rise in a row. The average house price in the UK now comes in at £269,914. Nationwide points to “strong labour market
An estimated 75 homes were reportedly damaged or destroyed when a suspected powerful tornado ripped through the small town of Forada in west-central Minnesota on Monday.
The UK's economic pain may be starting to have an impact, ONS figures showed today, with house price inflation still high but falling from 11.3% to 9.8%.