Feb

U.K. House Prices Increase 1.7% as Demand Pressure Persists

Values increase 10.4 versus year earlier, Halifax says
Supply-demand imbalance continues to push up princes

U.K. house prices rose for a second month in January as inflation in the property market showed no sign of easing, according to Halifax.

The average cost of a home rose 1.7 percent from December to 212,430 pounds ($311,000), the lender said in a statement Thursday. From a year earlier, prices jumped 10.4 percent…

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U.K. House Prices Increase 1.7% as Demand Pressure Persists

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