U.K. House Prices Rise for 10th Month as Low Rates Spur Demand
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U.K. house prices rose in all regions of the country for the first time in more than six years last month as low mortgage rates helped the property revival to broaden, Hometrack Ltd. said.
Values across England and Wales increased 0.5 percent from October, the London-based property researcher said in a statement today. Prices jumped 3.8 percent from a year earlier, the most since October 2007.