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UK house prices improve

UK house prices improve

05/08/09 19:28 CET

economy

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House prices in Britain jumped 1.1 percent in July from June according to the latest statistics compiled by mortgage lender Halifax.

Prices in July were 9.9 percent down from a year ago – the slowest annual rate in more than a year – and a marked improvement from the 18.9 percent annual drop recorded in December. At the same time a survey by another major UK lender Nationwide showed people now expect the value of their homes to rise in the near future.More about: ,

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