UK house prices rose by 3.5% annually in May, surpassing analyst expectations and indicating a resilient housing market despite challenges from stamp duty changes. Month-on-month, prices increased by 0.5%. Nationwide's chief economist noted a significant rise in property transactions and mortgage approvals, while analysts highlighted the impact of rising costs on first-time buyers. Rural house prices have outpaced urban areas, reflecting a shift in housing preferences during the pandemic. Teljes cikk (Euronews.com)