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UK house prices hit biggest monthly jump since 2004 By Reuters

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© Reuters. FILE PHOTO: Construction workers build new home in Aylesbury

LONDON (Reuters) – UK home prices rose 2.1% in April after a 0.3% monthly drop in March, the biggest increase in a month since February 2004, figures from the bank showed on Friday. Nationwide mortgage.

House prices in April were 7.1% higher than the previous year, compared with an annual increase of 5.7% in March and above expectations in a Reuters survey that price growth it will decelerate to 5.0%.

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