UK house prices were higher year-on-year in October, marking the first annual rise for 19 months, the BBC reports.
According to the Nationwide, property prices were 2% higher in October than in the same month the previous year, with the average home costing £162,038.
But the pace of monthly price rises has eased - going up by 0.4% - and the building society said that values could plateau in the autumn months.
This could be due to more sellers returning to the market, it said.
Meanwhile, The Times says that America's exit from recession does not mean that its economy is out of the woods yet.
Growth of 3.5% from July to September, marking an end to the worst US recession in 70 years, was better than anyone in the market dared hope for but, drill deeper into the numbers and the picture is not quite so optimistic.
For a start, more than two fifths of output growth during the quarter came from the motor sector, directly as a result of President Obama's "cash for clunkers" scheme.
That has now expired, as will another significant contributor to growth during the quarter, the $8,000 tax credit for first-time home buyers. Another big contributor to growth during the quarter, higher defence spending, cannot be relied upon to continue at the current rate either.
The OECD holds the key to commodity prices, according to BHP Billiton's chief executive.
The Independent reports that Marius Kloppers sounded a cautionary note at the group's annual general meeting yesterday, saying that it will be the middle of next year before the world's biggest mining group would know if demand for commodities had stabilised.
Kloppers said Chinese demand had largely accounted for the growth in commodity prices in the last six months, but while Chinese stockpiling was largely complete, he said, growth in 2010 depended on demand from OECD countries.
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