Nuscale Power earnings missed by $0.02, revenue fell short of estimates
Investing.com -- British house prices have witnessed their quickest growth since December 2022, according to the latest data from the Office for National Statistics (ONS) on Wednesday.
The 12 months leading up to March saw an average annual increase of 6.4%, a significant rise from the 5.5% increase recorded in February.
In addition, the ONS data revealed that private-sector rents across Britain in April were 7.4% higher than the same month in the previous year.
This figure, however, represents a slowdown from March’s 7.7% annual rise, marking the weakest increase in almost two years.
In terms of regional data, England saw average rents increase by 7.5% in the same 12-month period. Wales and Scotland also experienced rent increases, with average rents in Wales rising by 8.7% and in Scotland by 5.1%.
For Northern Ireland, the average rents increased marking a 7.8% rise in the 12 months to February 2025.
The data also showed that within England, the North East region experienced the highest annual inflation in private rents, at 9.4%.
On the other hand, Yorkshire and The Humber region saw the lowest annual inflation at 4%.