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House price growth remains steady

Series: Nationwide Monthly Review ; January 2003, (3)Publication details: 2003Subject(s): Summary: The "Nationwide monthly review" for January 2003 indicates that house price growth remained steady at 1.7% close to the 1.8% average over the last three months, leaving the annual rate of inflation at 26.5%.The average house price in January was £ 117 905. Low mortgage rates will sustain house prices and borrowing with bigger deposits leaving households better insulated from negative equity. Monthly review is at http://www.nationwide.co.uk/hpi/hpindex/monthlymenu.htm
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News article London News article WB3904-13 (Browse shelf(Opens below)) 1 Available 121195-1001

The "Nationwide monthly review" for January 2003 indicates that house price growth remained steady at 1.7% close to the 1.8% average over the last three months, leaving the annual rate of inflation at 26.5%.The average house price in January was £ 117 905. Low mortgage rates will sustain house prices and borrowing with bigger deposits leaving households better insulated from negative equity. Monthly review is at http://www.nationwide.co.uk/hpi/hpindex/monthlymenu.htm