7 Jan

House prices 'up on a year ago'

House prices 'up on a year ago'

UK house prices were 1.1% higher in December than a year earlier - the first annual rise since March 2008, according to the Halifax.

Prices rose by 1% in December compared with the previous month, marking the sixth consecutive monthly rise.

The Halifax, now part of Lloyds Banking Group, said the average home was now worth £169,042.

 

source: www.bbc.co.uk/news Thursday 6th January 2010