First annual rise in UK house prices for 19 months - papers

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. Read more   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 7...