UK house prices jump despite impact of Middle East conflict

House price growth in the UK has surprised estate agents and economists by jumping in April at the fastest annual pace in 11 months, according to Nationwide . The UK’s biggest building society said its mortgage data showed that house prices unexpectedly rose by 3% in April on a year earlier, from 2.2% in March, leaving the typical UK property worth £278,880. House prices also rose for the fourth consecutive month, increasing by 0.4% in April after a 0.9% increase in March. …