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London Rebound Helps UK House Price.........>

UK DATA
UK DATA: London Rebound Helps UK House Price Recovery
-UK Dec House Price Index +2.2% y/y, highest since Nov 2018
-UK Nov HPI revised down to +1.7% vs +2.2% previously reported
-UK Dec London HPI +2.3% y/y vs +0.4% Nov (Nov revised from +0.2% y/y)
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UK house prices rebounded smartly in Jan, with prices rising in every 
region for the first time since February 2018. London prices accelerated 
by the fastest pace since October 2017, lifting London housing costs 
4.5% above the May 2019 trough. In January, London housing prices sat 
just 0.9% below the peak hits in July 2017.

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