autumn housing market "unseasonably warm" by Finance News Bulletin
Published: 14/01/07
The housing market remained "unseasonably temperate" in September as house prices grew by 13 per cent, according to new info from NationwideThe group's monthly directory showed that this month's growth was better than the 08 per cent increase the market knowledgeable in August 2006
September's figures also contributed to an annual increase of 82 per cent, the best rate of growth since February 2005Fionnuala Earley, Nationwide's group economist, explained that August's interest rate trek to 475 per cent may have contributed to the rise of house cost inflation
"A weak patch this time last year, when prices cut down by 02 per cent, exaggerates the annual increase, but the more recent three-month-on-three-month sequence still shows a clear pick up in price enlargement since July," she additionalMs Earley also revealed how the average price of a home in the UK was £169,413, almost £13,000 more than at the same time last year and equivalent to a rise of £35 per day over the last 12 monthsTerms of use publicity Resources Product guides Press releases About us
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