UK house price growth cools unexpectedly in May: Nationwide

May 31, 2019

LONDON (Reuters) – British house price growth cooled unexpectedly in May to its slowest rate in three months, mortgage lender Nationwide said on Friday.

House prices increased 0.6% in May compared with a year ago after rising by 0.9% in April. A Reuters poll of economists had pointed to a 1.2% rise in May.

House prices in May fell 0.2% from April, Nationwide said.

(Reporting by Andy Bruce; Editing by Susan Fenton)

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