News: Home prices up 1.2% in October, say Halifax

Mon, 07 Nov 11

UK house prices rose by 1.2% in October compared with September, but have fallen over the last year, according to the Halifax.

The lender, part of Lloyds Banking Group, said that values have fallen by 1.8% compared with a year ago.

They said that the housing market had remained 'highly resilient' despite a deteriorating outlook for the UK economy.

The typical home sale in the UK was valued at £163,311, the Halifax said.

Source: BBC

See also: Halifax House Price Index

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