Property News

Monday, January 15, 2007

Average home gets closer to 200k

According to the Department for Communities and Local Government, house prices in the UK accelerated towards the end of last year.

It says average prices were rising by 8.9% a year in November, up from 8.6% in October, a finding in line with other recent surveys.

The increase took the average property price in the UK to £199,467.

House prices have been rising fastest in Northern Ireland where they went up by 36.6% in the 12 months to November.

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