Sep
07
U.K. House Prices Climb Most This Year, Bucking Recent Trend
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Prices up 1.1% in August, annual rate rises first time in 2017
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Low mortgage rates, shortage of houses to stoke gains: Halifax
U.K. house prices rose the most this year in August, possibly signaling that a slowdown in the market is easing, according to Halifax.
The 1.1 percent jump was the biggest since December 2016 and followed a 0.7 percent gain in July. Over the three months through August, prices rose an annual 2.6 percent, with the measure increasing for the first time this year, the mortgage lender said in a statement on Thursday…
U.K. House Prices Climb Most This Year, Bucking Recent Trend