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Evening Standard
Evening Standard
Business
Jonathan Prynn

House prices rise at fastest rate for almost two years says Halifax

House prices are rising at their fastest annual rate for nearly two years according to latest figures from Britain’s biggest mortgage lender.

Halifax said the average cost of a home in the UK went up 4.3% in the year to August to £292,505, the highest level since August 2022, the month immediately before Liz Truss’s notorious mini-Budget.

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