Property News · January 7, 2016

UK house prices rose 9.5% last year in largest hike since 2006, says Halifax


National average house price now 5.58 times earnings, in sign of continued lack of homes for sale to meet demandUK house prices rose by 9.5% in 2015, figures from the country’s biggest mortgage lender show, in the biggest increase since 2006, before the financial crisis.Halifax’s latest monthly report showed the average price of a home in the UK rose by 1.7% in December 2015, to hit a new high of £208,286. Continue reading…

Source : theguardian.com
Read more…UK house prices rose 9.5% last year in largest hike since 2006, says Halifax