Market News
UK house prices rise by 2.7% in 12 months to June, ONS says - REUTERS
LONDON (Reuters) - British house prices rose by 2.7% in the 12 months to June to an average of 288,000 pounds ($370,000), the Office for National Statistics said on Wednesday.
June's annual increase was the same as May's, which was the joint-highest since March 2023.
Rents for private housing rose by 8.6% in the year to July, the same as the month before.
($1 = 0.7790 pounds)
(Reporting by David Milliken; editing by Sarah Young)
