House prices up 8.8% - Nationwide

Press Association
File photo dated 27/01/14 of for sale signs displayed outside houses in Finsbury Park, North London. House prices surged by 8.8% year-on-year in January as they continued to increase at their fastest pace since 2010, Nationwide has reported.  PRESS ASSOCIATION Photo. Issue date: Wednesday January 29, 2014. See PA story ECONOMY  House. Photo credit should read: Yui Mok/PA Wire
File photo dated 27/01/14 of for sale signs displayed outside houses in Finsbury Park, North London. House prices surged by 8.8% year-on-year in January as they continued to increase at their fastest pace since 2010, Nationwide has reported. PRESS ASSOCIATION Photo. Issue date: Wednesday January 29, 2014. See PA story ECONOMY House. Photo credit should read: Yui Mok/PA Wire

%VIRTUAL-SkimlinksPromo%House prices surged by 8.8% year-on-year in January as they continued to increase at their fastest pace since 2010, Nationwide has reported.

Prices lifted by 0.7% month-on-month to reach £176,491 on average in the UK, marking the 13th monthly rise in a row as consumer confidence grows, the building society said.