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Back You are here: Home Trading Trading The Markets Currency & Options Pound Little Changed Versus Dollar After U.K. House-Price Report

Pound Little Changed Versus Dollar After U.K. House-Price Report

The pound was little changed versus the dollar and euro after an industry report showed U.K. house prices increased this month.

Average home values in England and Wales rose 0.5 percent, matching September’s increase, London-based property researcher Hometrack said in a statement. Annual price inflation accelerated to 3.1 percent, the most since November 2007, Hometrack said. A Confederation of British Industry report will show a gauge of annual sales growth fell to 32 in October from 34 last month, according to the median estimate in a Bloomberg News survey of economists before the data is released today. Full story