Midlands house prices rise second fastest in the UK

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Money
Friday 28 April 2017 at 7:00am

House prices have risen at levels not seen since 2005. Credit: PA

House prices in the Midlands are rising at levels not seen in the region for 12 years.

Property values have grown by 8% in Birmingham compared to last year, while house prices in Nottingham have surged by 6.7%.

Cities such as London and Cambridge are seeing a significant slowdown while Manchester, Birmingham and Bristol are all on the up, according to figures released by Hometrack.