According to Nationwide, house prices took an unexpected turn in October, defying predictions, economic forecasts and media sentiment with the biggest monthly rise in four months. The national monthly figure reads... uo, 1.1%, leaving the annual figure at 9.7%. Nationwide's Fionnuala Earley, however, warns against any premature throwing of hats in the air/jumping off bridges (delete as per your own position) by marking the data really as a slowing down in the slowing down, rather than the start of a new upward trend.

Technorati Tags: property, real estate