House prices recorded their second largest rise in more than 15 years last month, despite the tapering of stamp duty relief.
Property prices increased by 2.1% month-on-month in August after falling by 0.6% in July, according to the Nationwide house price index.
Prices are now 11% higher than a year ago, with further rises now expected due to pent up demand.
Economists had expected the annual rate to slow from 10.5% in July to 8.6% in August.
