U.K. house price index rises annually by 2.5% in May

Source: Bloomberg
© Sccanpix/RS
House prices in the United Kingdom increased annually in May with the house pricing index rising from 0.4% recorded in April to 2.5% in the next month, a report released by the Right Move unveiled on Monday. The report also showed that the average asking price stayed at 2.1% on a monthly basis in May with the average house price standing at 249,841 pounds.

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