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UK house prices return to double-digit growth

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theguardian.com

House price growth in the UK again reached double-digit figures last month, according to an index from the building society Nationwide.It recorded annual growth of 10% in November, up from 9.9% in October.

Prices rose by 0.9% month on month, taking the average UK property value to £252,687.Robert Gardner, Nationwide’s chief economist, said: “House prices are now almost 15% above the level prevailing in March last year when the pandemic struck the UK.“There have been some signs of cooling in

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