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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