House prices have risen for the fifth month in a row, says the Halifax, one of the UK's biggest mortgage lenders.Its latest survey says prices went up by 1.4% in November, pushing the cost of the average UK home to £167,664. Although that is still 1.6% lower than a year ago, prices are now 4.2% up since the start of the year. The Halifax also predicted that house prices were likely to be flat over the course of 2010 if more homes were put up for sale.
House prices have risen for the fifth month in a row, says the Halifax, one of the UK's biggest mortgage lenders.
Its latest survey says prices went up by 1.4% in November, pushing the cost of the average UK home to £167,664.
Although that is still 1.6% lower than a year ago, prices are now 4.2% up since the start of the year.
The Halifax also predicted that house prices were likely to be flat over the course of 2010 if more homes were put up for sale.