UK House Prices Rose Again in April, Nationwide Says

UK home values unexpectedly strengthened in April, according to one of the country’s largest lenders, suggesting the housing market remained resilient even as the Iran war pushed up mortgage rates.

Nationwide Building Society said average house prices were up 0.4% to £278,880 ($379,000), extending March’s 0.9% gain, which itself had been the largest increase since 2024. April’s rise also defied a 0.3% decline expected by economists.