Some Good News For Camberley Home Owners

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 Read more »