House prices up 1.4% in November
Today's figures from Nationwide show that house prices continued to soar in November going up 1.4%.
Prices are up 9.6% compared to the same time 12 months ago, the highest rate of growth since February 2005. The average home is now worth £172,185, up £2,562 since last month, and £15,046 on a year ago.
This shows that The Bank of England's recent rate rise has done nothing to dampen down the booming housing market.
Prices are up 9.6% compared to the same time 12 months ago, the highest rate of growth since February 2005. The average home is now worth £172,185, up £2,562 since last month, and £15,046 on a year ago.
This shows that The Bank of England's recent rate rise has done nothing to dampen down the booming housing market.
posted by ew at
10:18 AM
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