House price inflation hits 10.5%, says the Nationwide
Prices are up but sales are still very subdued The annual rate of UK house price inflation has hit double figures for the first time since June 2007, according to the Nationwide.

The building society said that house prices in the UK had risen by 10.5% in the year to the end of April.

Prices rose by 1% in April to push the cost of the average home to £167,802.

Source: BBC News