Michael Usher Mortgages Camberley

88 High Street,
Frimley, Surrey
01276 670777

Some Good News For Camberley Home Owners

on February 4th, 2010 by admin in category: Mortgage News | (0) Comment

Just picked this little gem up from the press wires.

Things continue to improve, especially with the Bank Of England holding rates at 0.5%

House prices are up

  • House prices rose by 1.2% in January and are up 8.6% year-on-year
  • Recent economic data has been a mixed bag for the housing market
  • Inflation uncertainties highlight interest rate risk

Please click here for the Nationwide house price calculator.

Headlines January 2010 December 2009
Monthly index * Q1 ’93 = 100 330.5 326.4
Monthly change* 1.2% 0.5%
Annual change 8.6% 5.9%
Average price £163,481 £162,103

*seasonally adjusted

Commenting on the figures Martin Gahbauer, Nationwide’s Chief Economist said:

”House prices strengthened their upward momentum continue