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House prices increase 0.6%
House prices rose by 0.6% in January, meaning that prices have increased for seven months in succession, according to data released by the Halifax.
The average UK home is now valued at 3.6% higher in January than a year earlier, at £169,777.
"The marked reduction in interest rates over the past 15 months has, from a low base, boosted housing demand from those with a sufficient deposit to enter the market," said Halifax housing economist Martin Ellis.
Post Date: February 4th, 2010
The average UK home is now valued at 3.6% higher in January than a year earlier, at £169,777.
"The marked reduction in interest rates over the past 15 months has, from a low base, boosted housing demand from those with a sufficient deposit to enter the market," said Halifax housing economist Martin Ellis.
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Post Date: February 4th, 2010
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