October 30, 2014 / 8:01 AM / 5 years ago

UK house prices rise 0.5 percent m/m in October: Nationwide

Property sale and rental signs are seen next to a street sign in London, October 18, 2014. REUTERS/Toby Melville (BRITAIN)

LONDON (Reuters) - British house prices rose 0.5 percent in October compared with September, with the rate of increase slowing on an annual basis for the second month in a row, a survey from mortgage lender Nationwide showed on Thursday.

The month-on-month increase topped forecasts of 0.3 percent in a Reuters poll of economists. On an annual basis, prices rose 9 percent.

Reporting by Andy Bruce, editing by John Stonestreet

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