Market News
UK house prices surge in November as market gains steam, Halifax says - REUTERS
LONDON, Dec 6 (Reuters) - British house prices jumped in November by much more than expected, adding to signs of a strengthening property market mortgage lender Halifax said on Friday, but it warned that affordability challenges for buyers remain.
House prices rose by 1.3% in monthly terms in November after an upwardly revised 0.4% increase in October to reach a new record of 298,083 pounds ($380,324) - well above a 0.2% rise predicted by economists in a Reuters poll.
