Financial Favourites

According to a BBC News report:

UK house prices were higher year-on-year in October – the first annual rise for 19 months, the Nationwide has said.

Property prices were 2% higher in October than in the same month the previous year, with the average home costing £162,038.

But the pace of monthly price rises has eased – going up by 0.4% – and the building society said that values could level out in the autumn months.

This could be due to more sellers returning to the market, it said.

Full story – http://news.bbc.co.uk/1/hi/business/8332861.stm