Prices increased in August by 0.3%, the third monthly rise in a row, and figure was above market expectations

House prices rose for the third month in a row as mortgage rates eased and continued wage growth helped sales remain resilient.

Prices increased in August by 0.3%, the third monthly rise in a row, and figure was above market expectations

The report bucks the gloom surrounding the housing market at the moment, which has focussed on falling prices in expensive areas.