1 Minute Read by Reuters Staff (Reuters) – LONDON, June 29 (Reuters) – House prices in the United Kingdom jumped 13.4% in June compared to the same month the previous year, the largest yearly gain since November 2004, according to mortgage firm Nationwide. According to Nationwide, housing prices were 0.7 percent higher in June than they were in May. Prices were predicted to climb by 13.7 percent on an annual basis and by 0.7 percent from May, according to economists polled by Reuters. (William Schomberg wrote the piece; James Davey edited it.) Continue reading
