November 30, 2018 / 7:07 AM / 19 days ago

UK house price growth edges off 5-year low - Nationwide

LONDON, Nov 30 (Reuters) - British house price growth picked up slightly this month from October’s five-year low, but the future outlook remains depressed by an uncertain economy and a squeeze on household budgets, major mortgage lender Nationwide said on Friday.

Annual house price growth rose to 1.9 percent in November from 1.6 percent in October, a bigger pick-up than the average forecast in a Reuters poll of economists, while monthly growth was also stronger than expected at 0.3 percent. (Reporting by David Milliken Editing by Raissa Kasolowsky)

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