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Nationwide quarterly review of house prices September 2006

By: Language: English Series: Nationwide Quarterly Review of House Prices ; September 2006Publication details: London Nationwide 2006Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: House prices increased by 1.3% in September despite August's interest rate hike, bringing the annual rate of house price inflation to 8.2%, the fastest rate of growth since February 2005. The price of a typical UK house now stands at £ 169 413, almost £13 000 more than a year ago. Strong demand from landlords is helping to sustain the market and tenant demand is being supported significantly by the large influx of immigrant workers across the whole of the UK.

House prices increased by 1.3% in September despite August's interest rate hike, bringing the annual rate of house price inflation to 8.2%, the fastest rate of growth since February 2005. The price of a typical UK house now stands at £ 169 413, almost £13 000 more than a year ago. Strong demand from landlords is helping to sustain the market and tenant demand is being supported significantly by the large influx of immigrant workers across the whole of the UK.

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