The increase in house prices are in the news again. It's the biggest jump in 4 years!
UK house prices increased at their quickest rate in more than four years in December. According to data from the UK-based Nationwide building society, they rose 1.4 percent in December and were 8.4 percent higher year-on-year.
Prices in London are now some 14 percent above their peak 2007. The price of a typical London home, the report says, is £345,186.
When it comes to regional house price growth, the data showed mixed results, with London and the South East booming and the North, North East of England and Scotland showing low growth.
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