Halifax House Price Index: Price rises gather pace

HalifaxAfter the Nationwide released their latest house prices figures last week, today is the turn of the Halifax. According to the UK’s largest lender house prices rose by a modest 0.4% in August, but are up 5.4% over the past 12 months, taking the average house value to £170,231. The annual rise reported by the Halifax is higher than the 3.5% figure given by the Nationwide, who in turn reported a larger rise in August; both lenders broadly agree on the value of the ...