House prices climbed again in January in comparison to the end of last year, but the average price of a UK property continued to fall a fraction, says Nationwide.
Latest statistics from Nationwide suggest the house prices actually rose 0.4% this month whereas they fell by 0.2% in December 2004. Despite suggesting the prospects are improving for buyers, Nationwide reveals house price inflation dropped slightly as property values climbed an average 0.25% per month over a six-month period and the average house price value is now £151,757 from £152,623 last month, says Alex Bannister, group economist at Nationwide. "Since last summer the focus of homeowner and would-be homeowner concern appears to have shifted from ‘how high interest rates will ris...
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