House prices still rising fast - Nationwide

The latest house price survey from Nationwide indicates prices are inflating at a rate not seen since the 1980s. Hour prices are rising an average of more than 2% per month according to the latest figures, or nearly 18% annually. Nationwide says the latter figure is the higher annual rate since 1989 and is going hand-in-hand with higher lending figures and sales completions. Unlike recent surveys indicating that the buy-to-let market may have run its course for the time being, Nationwide says its survey indicates there is still plenty of strength left in the housing market...