Nationwide boss surprisingly confident in UK economy and housing market despite Iran war 'shock'

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Nationwide's chief economist has issued an upbeat message to UK households as he discussed the current financial climate. Recent data shows house price growth accelerated to 3.0% in April, up from 2.2% in March, while prices climbed 0.4% month on month. The typical property now stands at £278,880. This robustness persists despite upheaval from Middle East tensions, including the Iran conflict, which has shaken confidence and driven up energy costs . Robert Gardner acknowledged the market's

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