Quick housing market update
According to Nationwide, house prices rebounded in August, rising by 1.3% – the biggest monthly increase since 2010. The annual rate of change is still negative, at -0.7%; and of course these figures disguise enormous disparities between different regions (most notably, prices in London are still buoyant, but they’re falling sharply in other regions).
This month’s Nationwide report doesn’t contain a regional breakdown, but there are some interesting other charts. For instance: