LONDON, Sept 30 (Reuters) - British house prices rose 5% annually in September, mortgage lender Nationwide said on Wednesday, the highest level since September 2016 and the latest sign of a sharp rebound in the country’s housing market after the coronavirus lockdown.
Prices rose by 0.9% from August compared with a median forecast of a 0.5% month-on-month increase, in a Reuters poll of economists.
Nationwide said prices were 5% higher than a year earlier. The Reuters poll had pointed to a 4.5% annual increase.
Reporting by Sarah Young; editing by Kate Holton
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