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| House prices 'up on a year ago'Thursday, 7 January 2010 House prices 'up on a year ago'

UK house prices were 1.1% higher in December than a year earlier - the first annual rise since March 2008, according to the Halifax. Prices rose by 1% in December compared with the previous month, marking the sixth consecutive monthly rise. The Halifax, now part of Lloyds Banking Group, said the average home was now worth £169,042. However, the group predicts that property values will be flat in 2010 owing to the economic outlook. Fluctuations The figures show that prices have picked up steadily in recent months, having risen by 9.4% - or £14,552 - from the trough of April 2009. This followed a decline of 23% between August 2007 and April 2009. Click here to read more Source: BBC Business News http://news.bbc.co.uk/1/hi/business/8445260.stm
 | Latest News |  | House prices rise by another 0.6% Monday, 8 February 2010  House prices have risen for the seventh consecutive month - rising by 0.6% in January compared with December, the Halifax has said. The average UK home was valued some 3.6% higher in January than a year earlier, at £169,777. Read more... | Mortgage lending sees 'seasonal dip' Thursday, 14 January 2010  There has been a "seasonal dip" in mortgage lending, according to the Council of Mortgage Lenders (CML). The number of new mortgages granted to home buyers fell to 53,000 in November, a 4% drop from the previous month. However, reflecting the upward trend seen for most of last year, the figures were still 66% higher than in November 2008. Read more... | House prices 'to keep on rising' Tuesday, 10 November 2009  House prices are likely to keep on rising for the time being, says the Royal Institution of Chartered Surveyors (Rics). Its latest monthly survey shows that sellers are now beginning to return to the property market. But they are still being outweighed by the number of potential buyers registered with estate agents. Read more... |
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