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UK house prices rebound 0.6pct after 0.4pct fall last month

Posted on 02 November 2012

Nationwide figures show ‘relative stability’ in annual rate of price change while mortgage approvals remain low. House prices in the UK jumped by 0.6% in October, more than offsetting the previous month’s 0.4% fall and bringing the average cost of a property to £164,153, according to Nationwide building society.
The lender’s monthly house price index showed prices were down 0.9% year-on-year, but the three-month figure moved into positive territory for the first time since January and showed a 0.5% rise………………………………………..Full Article: Source


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