UK house prices rise

House prices rose by 1.4% in November, according to todays Halifax house price index released this morning, faster than analysts expected, driven by high demand and low numbers of properties for sale.

Compared to this time last year, prices in the three months to November are 1.6% down, up significantly from the 17.7% annual rate of decline in April.

This suprisingly positive news could bring about windows of opportunity to buy above current levels as investors start to believe in the Pound again.

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More later ...........