Mini property boom - 'shake, shake the room'.

Further evidence of a stabilisation in the housing market came today as official data showed that property prices jumped at the fastest rate in years in July.

The 1.7 per cent increase in the prices paid for properties in England and Wales last month was the biggest monthly jump since May 2004, and takes the annual decline to 11.7 per cent, the smallest decrease since October last year.

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