Rate more than doubles to 1.3% in May and average property price rises to £264,249, Nationwide says

• Business live – latest updates

UK house prices returned to growth in May amid signs of market “resilience” after two months of falls, according to a building society.

The average property price in Britain rose 0.4% month on month to £264,249, after a similar-sized fall of 0.4% in April, Nationwide said.

Continue reading...

💾

© Photograph: Mark Waugh/Alamy

💾

© Photograph: Mark Waugh/Alamy

We analyse a key point of contention in the general election campaign: the government’s record on pay, housing, energy and food bills

It is a simple question – and it will be at the heart of the general election campaign. After 14 years of Conservative government, people are asking: am I any better off?

Continue reading...

💾

© Photograph: Peter Byrne/PA

💾

© Photograph: Peter Byrne/PA

Homeownership is not the boon to older Americans that it once was.

© Kelly Burgess for The New York Times