House prices bounce back - Nationwide

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House prices increased 0.9% in April and reversed the fall in prices in March, the latest Nationwide house price index has revealed.

The building society says prices recovered from the fall of 0.6% in March but the overall trend remains fairly flat. Nationwide says the trend reaffirms its view suggesting the decline in housing market activity - which has been slowing since the middle of last year - has bottomed out. The average property price is now £156,128, according to the research, but giving a nod to the upcoming general election Nationwide has also looked into which constituencies have the highest house prices. House prices are highest in Conservative-held constituencies, while in Liberal Democrat-held const...

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