“UK house prices rose by 2.0% in August, after taking account of seasonal effects, following a 1.8% rise in July. This is the highest monthly rise since February 2004 (2.7%). As a result, annual house price growth accelerated to 3.7%, from 1.5% last month. “House prices have now reversed the losses recorded in May and June and are at a new all-time high. “The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown restrictions. “This rebound reflects a number of factors. Pent up demand is coming through, where decisions taken to move before lockdown are ... (full story)