http://news.bbc.co.uk/1/hi/business/7015599.stm
The UK housing market managed to shrug off recent credit market turmoil with prices rising in September, according to the Nationwide.
But the group warned current credit problems may lead to a softening in the market as loan conditions get tougher.
Prices increased 0.7% during September, after rising 0.6% in August, beating forecasts of a slowdown to 0.4%.
However, Nationwide said annual price growth slowed to 9% in September from 9.6% - its lowest in almost a year.
As predicted, no crash, prices if anything are booming. Still rising on average 9% per year and more like 15% in London.
The UK housing market managed to shrug off recent credit market turmoil with prices rising in September, according to the Nationwide.
But the group warned current credit problems may lead to a softening in the market as loan conditions get tougher.
Prices increased 0.7% during September, after rising 0.6% in August, beating forecasts of a slowdown to 0.4%.
However, Nationwide said annual price growth slowed to 9% in September from 9.6% - its lowest in almost a year.
As predicted, no crash, prices if anything are booming. Still rising on average 9% per year and more like 15% in London.
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