UK DATA: Apr SA House Prices +1.1% m/m; +1.4% y/y
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House prices rose on the month in April at their fastest pace for
more than a year, figures from National Statistics showed Tuesday. House
prices rose a seasonally adjusted 1.1% on the month in April and were up
1.4% on the year. This was the largest monthly rise since March 2011.
The data showed a deep market split, however, with prices paid by first
time buyers falling 1.8% on the month, while prices for former owner
occupiers rose 2.3%.
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UK DATA: Apr SA House Prices +1.1% m/m; +1.4% y/y….
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