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















