04.03.2013 - House prices surge for second month in a row
The property market is growing again with house prices rising at a rate of £100 a week, Britainís biggest building society reported. The surge in values since the start of the year is thanks to record low mortgage rates and an £80billion Government lending scheme. House prices were up 0.2 per cent month-on-month in February and a typical three-bed semi now costs £162,638, a rise of £393 in four weeks, the Nationwide said. This follows an increase of 0.5 per cent in January...............................................Full Article: Source
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