We might have experienced a property mini-boom in recent weeks but Mike Scott, the chief property analyst at Yopa, asks – will it last?

Nationwide recently reported a second month of rapidly rising house prices, with a 0.9% increase for September following August’s 2% surge.

The year-on-year rate of growth has risen to 5%. This sets a new record for the average house price and confirms other reports of a very active housing market since it reopened in May.

 

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