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Property prices still strong says Nationwide

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  • Property prices still strong says Nationwide

    Now that I've actually bought a house (confirmed this week), it's good to see property prices continuing steady.

    http://news.bbc.co.uk/1/hi/business/5300744.stm

    Annual house price growth increased in August, with the market remaining "firm", the Nationwide has said.

    The building society's housing survey found that prices rose by 0.8% during the month, the same as in July, lifting the annual rate of growth to 6.6%.

    This was the fastest yearly growth rate since April 2005, and the average UK property now costs £167,721.

    The three-monthly trend showed prices rose 1.4% in the three months to August compared with the previous quarter.

  • #2
    Congrats on getting the house! And that's certainly good news for you right now. I wish you the best with it.

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