House Price Rises Accelerate

UK house prices accelerated in August, the Nationwide has said, with values now 13% higher than before the pandemic. The building society said that annual house price growth sped up, to 11%, with the average home costing £248,857. It said property prices recorded their second largest month-on-month rise in 15 years, up by 2.1%. The Nationwide said the increase was "surprising", given that the benefit from stamp duty holidays was reduced. Read more on the BBC website.

https://www.bbc.co.uk/news/business-58399869