Uk house prices rose again in October after the previous month house prices in the country fell from the high rise in August. The development of the house prices based on the survey done by the division of Halifax Banking Group Lloyds and reported this afternoon (5/11).
Based on the survey sales prices against 15 thousand units of the house in the UK, Halifax report the increase in house prices in October and is the price increase exceed the previous forecast, home prices rose 1.1 percent from a year ago.
In September house prices fell to 0.9 percent from knaikan 2.7 percent in August, and for the price of the house last October has been estimated previously only rose 0.6 percent. In addition Halifax also report the house prices in the three months to October is 9.7 per cent higher than in the same period last year 2014.
The price increase 3 monthly was much higher than the increase 8.6 percent had been counted in September and expectations for the growth of 9.5 percent by economists. Sequentially, home prices rose 2.8 percent versus 2 percent rise in the three months to September.
If you see the condition of the housing market so far this year, Halifax assess housing demand increase along the improvement of economic and financial conditions of household along with the low interest rate mortgages .
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