5 days ago
UK House Prices Rise Most in Six Months, Halifax Says
UK house prices rose at the fastest pace since the start of the year, suggesting that the market is stabilizing after the expiry of a tax break discouraged prospective buyers, according to one of the country's top lenders.
The average value of a home rose 0.4% to £298,237 ($398,730), after prices gained just 0.1% the previous month, Halifax said Thursday. It was the biggest increase since January and left values 2.4% higher than a year earlier.