Nationwide: house price inflation returns to double digits
Nationwide has reported that UK house prices increased by 1% month-on-month in April, pushing the annual rate of inflation into double digits (10.5%) for first time since June 2007.
The value of the typical home stood at £167,802 last month, or 10% below its October 2007 peak.
However, the lender points out that annual growth for April [...]
