Global Economic News

UK Halifax House Prices Rise Most In 4 Months

UK house prices increased at the fastest pace in four months in February, suggesting the property market gained momentum at the start of the year, data from the mortgage lender Halifax showed Friday.

House prices registered an annual growth of 1.3 percent in February, following a 1.1 percent rise in January. This was the strongest growth in four months and exceeded economists' forecast of 0.9 percent.

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by Renju Jaya

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