4 July 2013 Last updated at 03:25 ET
The Halifax survey suggests increasing activity in the housing market
House prices are rising at their fastest annual rate for nearly three years, according to one of the UK's biggest mortgage lenders.
The Halifax said prices in the three months to the end of June were 3.7% higher than in the same quarter last year.
The survey compares with a 1.9% annual increase reported by Nationwide earlier this week.
The Halifax said both home sales and mortgage approvals increased in May.
Source: BBC News - Business http://www.bbc.co.uk/news/business-23177576#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
