House Prices Up Again, But Rate Slows
Huse prices rose for the 7th month in a row in January, according to the Halifax. Prices rose by 0.6%, the lowest increase in 6 months. The average price of a home in the UK is £169,777, 9.9% higher than in April 2009 when prices hit their lowest point.The Halifax data abcks up the opinion that rises are levelling out with many economists predicting prices to remain flat across the 2010, mainly as more properties come on to the market, as it is the lack of supply that hs bolstered prices over the last 12 months.
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