House Prices

House prices: House prices rose 0.6 percent this month from July, in line with economists' forecasts, after a revised 0.9 percent rise in July, Nationwide said. , according to Reuters. But in the three months to August, compared with the three months to the end of July - which many consider a better gauge of the underlying trend - prices rose by 1.4 percent, its strongest pace since mid-2010. LONDON - British house prices rose strongly for a fourth consecutive month in August, mortgage lender Nationwide said on Friday, citing a recovery in the economy and government measures onto help people on the property ladder. The annual rate slowed to 3.5 percent from 3.9 percent. (www.immigrantscanada.com). As reported in the news.