U.K. House Prices Rise as Halifax Flags Lack of Homes for Sale

  • Values gained 1.1% in October on the month, 10% on the year
  • Supply-demand imbalance will put upward pressure on values

Aerial Views Of London

Photographer: Matthew Lloyd/Bloomberg

U.K. house prices rose in October, according to Halifax, which said a shortage of properties for sale may put further upward pressure on values in the coming months.

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