Nationwide reports house price rise

Jan. 28, 2005
Nationwide reported that the average house price ticked up a seasonally adjusted 0.4% this month. The annual rate dropped back to 12.6%, with the average house now £151,757. Alex Bannister, Nationwide’s chief economist, said that the stability of the last six months had returned some confidence to buyers. But Hometrack issued a report that said house prices had fallen by …

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