Thursday, Nov 30, 2006

Onwards and upwards? UK house prices refuse to cool

UK house prices rose in November at their fastest pace so far this year as the market refused to cool, the Nationwide building society said on Thursday.

The average price of a home was 172,185, a month-on-month increase of 1.4 per cent.

This was higher than the 0.8 increase recorded in October, is the sharpest rise since February 2005, and leaves annual house price inflation at 9.6 per cent.

Posted by dohousescrashinthewoods @ 09:37 AM (478 views)
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