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.
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