Nationwide House Price Index: House prices leap 11%

Nationwide Building SocietyThe latest figures released this week, show house prices continue to rise at a starling pace. According to the Nationwide, the UK’s largest building society, house prices have leapt by 11.1% over the past 12 months, taking the value of the average home to £186,512. May was the 13th month in a row when prices have risen, with an increase of 0.7%, although this was down slightly on April’s 1.1% rise. Slowdown ahead? Despite the seemingly unstoppable rise in house prices, there are perhaps signs that the mortgage market is starting to ...

Nationwide House Price Index: Prices rise at fastest rate for four years

Nationwide Building SocietyHouse buyers will be left confused by the latest figures from the Nationwide Building Society, which show house prices are now rising at their fastest rate for four years. According to the Nationwide, house prices rose by 1.2% in April after a 0.4% increase in March; confusingly, the Halifax reported a fall in prices of 1.3% over the past two months. The Nationwide also reported that house prices are now 10.9% higher than 12 months ago, the highest rate of annual growth since April 2010. Average house prices There is now also ...

Nationwide House Price Index: Prices rise, whilst life gets easier for first time buyers?

Nationwide Building SocietyHouse prices continued to rise in January according to the UK’s largest building society. The latest figures from the Nationwide show house prices rose by 0.70% in January and are up 8.8% on the same time last year, taking the value of the average home in the UK to £176,491. Are you looking for ...

Nationwide House Price Index: Prices continue to “gain momentum”

Nationwide Building SocietyHouse prices in the UK are rising at the fastest rate since June 2010, according to the latest figures from the Nationwide House Price Index. The UK’s largest building society has reported house prices grew by 1.4% in December and were up 8.4% on the same time last year. The Nationwide’s figures show the value of the average home in the UK is now worth £175,826, still around 5% below the 2007 peak, despite the strong surge in 2013....