Saturday, July 26, 2014   

British home prices rise 7.5pc in 2013
(01-08 18:11)

UK house prices increased 7.5 percent last year, a private survey reported today.
The survey by Halifax, part of the Lloyds Banking Group, also said house prices are likely to continue to rise this year, "most likely at a broadly similar pace to 2013. Prices nationally are forecast to increase in a range of between 4 percent and 8 percent in 2014.''
In December however, homeprices fell by 0.6 per cent. It was the first time in 11 months that price fell.
The average home price in December was £173,467. —The Standard


   
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