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House prices are up year-on-year for the first time since March 2008, new figures reveal. At £162,038, the average home is worth 2% more than last October. Full Article at Mirror.co.uk
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Homeowners received mixed news yesterday when the Nationwide said house prices were now higher than they were a year ago – the first annual increase in 19 months – but warned that the rate of growth had started to slow. Full Article at The Independent
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Simon Lambert, This is Money 30 October 2009 Property values rose for the sixth month in a row in October and house prices are now showing annual inflation of 2%. House prices are higher than a year ago, according to the latest Nationwide report. Full Article at This Is Money
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Property prices rose by 0.4 per cent during October to take the annual rate into positive territory for the first time since last March, according to the Nationwide Building Society. Full Article at Channel 4
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The housing market recovery has faltered, with just a slight increase in property prices in October. Full Article at Moneywise
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This is another encouraging sign of progress following yesterday's news that the economy has begun to grow again for the first time in more than a year, but the president and I will not be satisfied until monthly reports show net job growth
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We're starting to make real progress on the road to recovery
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So there's a lot more job creation to come from this act before it leaves the scene
– Jared Bernstein SOURCE: Los Angeles Times -
Like most other commentators, we remain cautious about the outlook for house prices, as much of the recent increase is likely to reflect reduced supply
SOURCE: Irish Times
