Daily Boom

[TimberWolf]

This time really is different. Or have previous recessions seen similar rises in asset prices and record low interest rates?

[HairyArsedBloke]

Shame about the 25% reduction in the value of GBP though.

[DimPrawn]

And mortgages have never been cheaper!

Mortgage rates drop to seven-year low - Telegraph

Boomed!

Fill yer boots!

[Zippy]

Whoopee! We're all rich again

I hate to admit it but those Tories are damned good.

[DimPrawn]

Where house prices are rising fastest

House prices continued their unlikely revival and are now within 10% of their 2007 peak, according to Nationwide building society.

Prices jumped 0.5% in May alone and the average home is worth 12.2% more than in February 2009, figures show.

But while that national figure might provide some comfort, it also masks serious differences between how different parts of the country have performed.

To help clear this up, MSN Money has teamed up with property specialists Zoopla.co.uk to find out exactly where house prices are rising fastest.

We can now exclusively reveal the 10 regions in Great Britain where house prices have risen the most in the last 12 months.


And the winner is........




..... Cornwall.

Boomed!