UK house prices end run of falls

[Pill]

I’m hearing a lot of Cannies and other nationalities are buying in the UK. Anybody else?

Britain’s biggest mortgage lender has said UK house prices rose by 1.9% during January - ending 10 consecutive months of price falls.

The increase more than offset December’s 1.6% drop and left the average home costing £163,966, according to Halifax.

The group stressed that it was important not to place too much emphasis on any one month’s figures, but it added that there were some very early signs that market activity may be stabilising, although at quite a low level.

rte.ie/business/2009/0205/britain.html

[The_Unwelcome_Guest]

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