House prices hit record high, says Halifax
Source: BBC
The average UK house price reached a record high last month, according to Halifax.The UK's largest mortgage lender said the average price hit £293,999 in October, surpassing a peak of £293,507 that was reached in June 2022.Halifax said it expected prices to continue to rise at a "modest pace" for the next few months.However, it warned that mortgage costs could remain "higher for longer" following last week's…
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