02:08 AM EDT, 09/01/2026 (MT Newswires) -- The annual growth rate of house prices in the UK accelerated to 1.6% in August, from the revised 1.4% in July, according to data from the Nationwide Building Society published Tuesday. The consensus estimate for the month was a 2.1% increase in housing prices. The average price of houses was 275,465 pounds sterling, down from 276,581 pounds a month ago. On a monthly basis, seasonally adjusted house prices were 0.2% higher, against the revised 0.1% decline earlier and the expected 0.1% increase.

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