Property prices are on the up, according to new figures released by Nationwide .
In a reversal of the 0.6 per cent fall in prices in March, April showed a 0.9 per cent rise to £156,128, the building society said.
It said however that the market is still much more subdued than during the boom in 2004. Price rises averaged 0.3 per cent a month over the last three months, compared to two per cent a year earlier.
With some surveys suggesting uncertainty in the property market after next week's general election, recovery is patchy. Nationwide found that house prices since the last election in 2001 have soared by 76 per cent.
"The latest figures seem to confirm our view that housing market activity, which slowed throughout the second half of last year, has now bottomed out," said Fionnuala Earley, Nationwide group economist.
She added that the market is on course for a gentle slowdown, the Evening Standard reports.
Nationwide reports rise in house prices
Mortgage Quote Line
0845 108 0505
Nationwide reports rise in house prices
Thu, 28 Apr 2005
Recommended links
Nationwide: Mortgage lenders still take advantage under FSANationwide launches new mortgages
Mortgage rate shake-up at Nationwide
Free MPPI premiums from Nationwide
Nationwide offers more mortgage options
Nationwide announces mortgage rate cuts
Nationwide increases mortgage rates
Nationwide cuts fixed mortgage rate products
Nationwide to raise mortgage rates
Nationwide increases mortgage rates following Bank's decision
Nationwide best mortgage lender, expert finds
Poor credit mortgages from Nationwide
New mortgages and bonds from Nationwide
New fixed rates for Nationwide mortgages
Nationwide's long-term mortgage assessed
Nationwide fixed-rate mortgages rate increase
Nationwide launches new tracker mortgage
Nationwide's long-term mortgage dissected
Nationwide mortgage decision a u-turn, claims expert
Nationwide increases fixed-rate mortgage rates
House prices show slowest growth in years
Mortgage hunters face increase in house prices, reveals report
House prices hold steady, Halifax finds
House prices keep going down
House prices slowing down
More to start the search for a mortgage as house prices fall
House prices to level off, buy to let mortgage increase likely
Find a mortgage with lower house prices
Mortgage completions reflect lower house prices
Mortgage hunters face higher house prices in March
New Homes in the UK
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage