House prices rise 5% 'across UK's 20 largest cities'
The cost of a house has risen by at least 5% in 20 of Britain's major cities, with experts pointing to the rise as a sign of the economic finally trickling out of the south east.
Property analyst Hometrack revealed there was still a wide discrepancy between the north and the south in terms of house prices, with the cost of a home in London rising by 17.3% or by 5.5% in Liverpool and Glasgow.
However, this was the first time in a decade that house prices have risen year-on-year by more than 5% in all 20 cities.