http://news.bbc.co.uk/1/hi/business/8223540.stm
UK house prices rose again in August, increasing by 1.6% from July, the Nationwide has said.
The average price of a home is now £160,224, up from £158,871 in July, and following four monthly rises in a row.
While prices are still lower than last year, the annual rate of decline in property values slowed sharply to 2.7%, compared with July's 6.2% fall.
Amazing how no matter what is happening to the economy, one thing is for sure and that's property only ever goes up.
I bet the BTL'ers are laughing all the way to the bank.
Just wish I hadn't foolishly swapped my property pile for a pile of worthless cash.
UK house prices rose again in August, increasing by 1.6% from July, the Nationwide has said.
The average price of a home is now £160,224, up from £158,871 in July, and following four monthly rises in a row.
While prices are still lower than last year, the annual rate of decline in property values slowed sharply to 2.7%, compared with July's 6.2% fall.
Amazing how no matter what is happening to the economy, one thing is for sure and that's property only ever goes up.
I bet the BTL'ers are laughing all the way to the bank.
Just wish I hadn't foolishly swapped my property pile for a pile of worthless cash.
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