House price inflation falls again says ODPM

Because of the way the ODPM index works, the figures are delayed as against those published by providers Nationwide and Halifax, and businesses such as Hometrack. Accordingly, the August annualised inflation rate stood at 13.6%, down from 14.3% in July, the ODPM says. The key London market continues its separate track from most of the rest of the country, with inflation dropping to 6.5% from 8.4% the previous month (July), meaning cash rates could soon start paying more than capital appreciation from residential property. Inflation in Scotland and Wales continues to outpace Englan...