
House Price Rise Surprise in August.
According to major high street building society Nationwide, house prices have risen in August by 1.3% making this the highest rise in house prices since January 2010.
The average price of a UK property is now just under £165,000. Considering we are in a double dip recession and mortgages are few and far between, house prices are only 0.7% down on a year ago. However there have been warnings not to take this data on face value and be wary that things could change very quickly.
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