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U.K. house prices recorded double-digit growth for the first time since 2014 last month, as the nation’s booming market showed no signs of cooling.
Prices climbed 10.9% from a year earlier, Nationwide Building Society said Tuesday, with the lender saying the increase has been driven by buyers shifting their preferences in the wake of the pandemic. On the month, prices rose 1.8%, double the pace economists had expected.
