House price growth shows 'moderation', Nationwide says

It said home values rose by 0.4% in March, marking a slowdown compared with previous months. But prices last month were still 9.5% higher than the same time last year, Nationwide said, according to the BBC. Meanwhile, the gap between house prices in London and the rest of the UK has reached a record. Average values in the capital are now more than double those in the rest of the UK, at £362,699. The overall average value now stands at £180,264, but that is still 3% below the 2007 house price peak. And although March saw the 15th successive monthly increase in prices, the rate...