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U.K. home prices rise as Halifax sees stagnating market

Posted on 08 January 2013

U.K. house prices rose for a second month in December and will probably remain little changed in 2013 as the uncertain economic outlook constrains property demand, according to Halifax.
Values advanced 1.3 percent from the previous month to an average 163,845 pounds ($262,900), the mortgage unit of Lloyds Banking Group Plc said in a statement in London today. The monthly price gain in November was revised to 1.6 percent from a previous estimate of 1 percent. From a year earlier, values rose 2.6 percent in December……………………………………….Full Article: Source


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