House Prices Up Again

August 27, 2009subedar1 No Comments »

 

Nationwide siad that house prices rose again in August by 1.6%, taking the average UK house price to £160,224, up from £158,871 in July.

This marks the fourth consecutive month of house price increases and the lender says the year-on-year decline has slowed significantly from 6.2% in July to 2.7% in August. At £160,000, the average price of a typical UK property is still slightly lower than 12 months ago.

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