UK House Prices Are Rising the Most Since June, Halifax Says
- Figures diverge from Nationwide’s reading of property market
- Rising rates, living standards squeeze likely to hurt prices
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Halifax said UK house prices rose at the quickest monthly pace since June, suggesting strength in the property market that may prevent a deep decline.
The mortgage lender said Tuesday that prices rose 1.1% last month, the second increase this year, and by 2.1% from a year ago.