Posted on August 27, 2009 - by admin

UK house prices rise fourth month running, says Nationwide

Building society says average cost of a home increased 1.6% to £160,224 last month, while the three-month figure rose by 3.3% House prices rose for a fourth month running in August as demand for properties continued to outweigh supply, the UK’s largest building society said today. Nationwide’s latest snapshot of the housing market showed the average cost of a home rose by 1.6% over the month to £160,224. The monthly increase reduced the annual rate of price deflation to 2.7% compared with Ju

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UK house prices rise fourth month running, says Nationwide