House prices increased by 1% month-on-month in April, according to Nationwide’s latest house price index.The annual rate of inflation moved into double digits for the first time since June 2007, to 10.5% (up from 9% in March), taking the value of the average home to £167,802 or 10% below its October 2007 peak.However, the smoother [...]
House prices up 10.5% on the year
