Amanda Bryden, Head of Mortgages, Halifax, stated: “Common UK home costs nudged up 0.2% in October, persevering with the constructive momentum of latest months. This introduced the annual development price to three.9%, barely decrease than in September. The typical property worth has reached a report excessive of £293,999, surpassing the earlier peak of £293,507 set in June 2022, in the direction of the top of the pandemic-era ‘race for house’.
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