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The Independent UK
The Independent UK
Business
Joe Middleton

House prices rise for the first time in six months, say Halifax - but are still lower than a year ago

Halifax United Kingdom
PA Archive

Average UK house prices rose in October for the first time time in six months but still remain lower than a year ago, according to Halifax.

The UK’s largest mortgage lender said that house prices jumped by 1.1 per cent in October, compared to a fall of 0.3 per cent in September. A low supply of homes for sale is likely to have strengthened prices in the short term, the bank added.

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