Today's report is about a 0.8% rise for July, bringing the annual increase to 5.9%, and no doubt fueling more fears of an interest rate rise (although there seems little concern about one coming this Thursday). Whether July's gain was all about London (as was the case with yesterday's Hometrack report) isn't clear, since Nationwide didn't differentiate the regions. Click here to download the actual pdf. Meanwhile, Bank of England figures are showing record highs for mortgage approvals in June. The Independent makes the point that increased borrowing usually means increased purchasing a few months later, and so predicts an ever-heating property market running right into Autumn.