House prices jumped by 1.2% in October, but quarterly figures showed a downward trend, according to Halifax’s latest monthly snapshot of the housing market.
The lender said the average price of a UK home had risen for the first time in three months, to £163,311. However, this followed falls of 0.5% in September and 1.1% in August, and over the quarter prices dropped by 0.3%. This is the first time since June that the quarterly figure was negative………………………………………..Full Article: Source