U.K. House Prices Climb to Eight-Month High, Acadametrics Says
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U.K. house prices rose to an eight-month high in December as homebuyers rushed to complete their purchases before the end of the year and demand from investors increased, Acadametrics Ltd. and LSL Property Services Plc said.
The average price of a home in England and Wales rose 0.2 percent from November to 220,385 pounds ($338,000), the groups said in an e-mailed report in London today. Transactions rose 3 percent. From a year earlier, values were down 0.5 percent.