Tag: surprise
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Lack of homes for sale gives UK house prices a surprise boost -Nationwide
By William Schomberg LONDON (Reuters) – British house prices unexpectedly rose by almost 1% in October but the increase was due more to a lack of homes for sale than a turnaround in the market which has been hit by a jump in borrowing costs, mortgage lender Nationwide said. Prices increased by 0.9% from September…