British house prices rose at their fastest annual pace in four months in July, in data that might not yet reflect any impact from June’s vote to leave the European Union, mortgage lender Nationwide said on Thursday.
“The outlook for the housing market remains unusually uncertain and it may take several months for the underlying trends in the market to become evident,” Nationwide economist Robert Gardner said.
Nationwide said house prices rose 5.2 percent in July compared, edging up from 5.1 percent in June. Economists polled by Reuters had expected house prices to rise 4.5 percent.