UK’s Post-Lockdown House Prices Reach ‘All-Time High’: Nationwide

Estate agents boards are seen outside a row of terraced houses in Manchester, Britain, on July 8, 2020. Phil Noble/Reuters

UK house prices that dipped in May and June have risen to an “all-time high” following the country’s easing out of lockdown, according to Nationwide, the world’s largest building society.

After a seasonal adjustment, house prices rose by 2 percent in August, after a 1.8 percent rise in July, Nationwide’s Chief Economist Robert Gardner said in a statement (pdf) on Wednesday.