House price inflation in UK cities is running at 9.4% annually and set to grow another 10% next year.

The forecast comes from Hometrack, which says that Glasgow, Manchester and Liverpool are currently recording their highest rates of annual house price growth since 2007 at 8.3%, 7% and 5.1% respectively.

However, their performance is nothing like London’s.

In Glasgow and Manchester, house prices have been recovering only in the last three years; in Liverpool, house prices went on falling until early 2012 and are still 13% below peak.

By contrast, in London house prices are up 70% since 2009.

The Hometrack city index monitors house prices in 20 cities, and found the highest rate of annual growth in Oxford at 12.8%, followed by Cambridge at 10.7%.

It found only one city, Aberdeeen, where house prices have tailed off over the last year, by 0.8%.

In another housing market report out today, agents Your Move and Reeds Rains said rents dipped in October to stand at £806 per month across England and Wales.

That is down from September’s all-time high of £816.

Despite the monthly fall, annual rent inflation is now 4.7%.

A third report, on house building, said that 135,050 homes have been built over the last year, up 17% compared with the previous 12 months.