House Prices Up 0.1% in September
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Average house prices in the UK increased by 0.1% in September to reach £166,256, Nationwide’s latest house price index shows.
September’s average price represents a 0.3% fall when compared to September 2010, and the three-month on three-month measure of house prices was unchanged in September.
Robert Gardner, chief economist at Nationwide, says: “UK house prices continued to tread water in September, rising by 0.1% during the month. Prices were also essentially flat over the year, just 0.3% lower than September 2010.
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