Thursday, August 31, 2006
Drat & Double Drat!
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.