•In the 12 months to August 2013 UK house prices increased by 3.8%, up from a 3.3% increase in the 12 months to July 2013. •House price growth remains stable across most of the UK, although prices in London are increasing faster than the UK average. •The year-on-year increase reflected growth of 4.1% in England, 1.1% in Northern Ireland and 1.0% in Wales, offset by a fall of 0.7% in Scotland. •In August 2013, the UK HPI surpassed its previous peak in January 2008 (185.5) by 0.3%. •Annual house price increases in England were driven by London (8.7%), the East Midlands (3.8%) and the West Midlands (3.5%). •Excluding ... (full story)