UK’s biggest mortgage lender: house prices rise in January

The latest house price survey from Halifax has shown that average house prices rose by 1.9% in January, compared with December.

The move more than compensates for December’s monthly decline of 1.6%.

However, Halifax itself warned that analysts should not pay too much attention to figures from a single month – instead pointing towards the past three months, in which the average house price has fallen by 5.1%.

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