Key Points
LONDON, Dec 7 (Reuters) - British house prices rose 0.5% in November, their second monthly rise in a row, after a 1.2% increase in October, mortgage lender Halifax said on Thursday...
House prices were 1.0% lower than a year earlier, a slower decline than October's annual decline of 3.1%, Halifax said...
That said, recent figures for mortgage approvals suggest a slight uptick in activity levels," Halifax director Kim Kinnaird said.. Downward pressure on house prices from a squeeze on household living standards was likely to persist in 2024, she added...
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