Property News · September 12, 2017

UK house prices rising amid shortage of properties, says Halifax


British house price growth picked up last month, underpinned by strong employment growth and a shortage of properties on the ­market, according to the country’s biggest mortgage lender.
The average price of a house rose 1.1 per cent to £222,293 (US$293,029) in August, Halifax said. Prices in the three months to August were 2.6 per cent higher than a year earlier, up from 2.1 per cent in the three months to July, which was a four-year low. Annual price growth has slowed from a…

Source : South China Morning Post
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