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Halifax reveals house prices in January 2024 are up 2.5% compared to the same time last year

Source: @BreaknNews

The latest Halifax House Price Index shows that January 2024 was the fourth consecutive month to see a rise in house prices, with the average UK house price being £291,029, 1.3% higher than December 2023. This figure is also up 2.5% compared to the same month last year. Despite this slight uptick in house prices, the recent reduction in mortgage rates coupled with an increase in buyer and seller activity is…

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