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House prices 'rise at brisk pace'

UK house prices continued to rise at a "fairly brisk pace" in August, increasing by 0.6% compared with July, the Nationwide says.

Growth in US house prices remained strong in June, according to a closely watched survey, rising 12.1% compared with a year earlier.

House prices are continuing to rise steadily, the Halifax says, with values growing at their highest annual rate for nearly three years.

UK house prices recorded their biggest annual increase for nearly three years in July - up 3.9%, the Nationwide building society says.

House prices in London are continuing to outstrip those in other parts of the country, according to the latest Land Registry figures.

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