British property prices surge as economy improves

Source: Bloomberg
Property prices in the United Kingdom advance already for the 16th consecutive month, while investors see risks of overheating that may potentially cause a bubble on the housing market. According to the Hometrack Ltd. company's data, prices of houses in England and Wales added 0.5% in may of the current year after a 0.6% jump a month before. Prices in the South East region climbed 0.7%.

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