House prices set to rise further, but no bubble yet

House prices set to rise further, but no bubble yet House prices are set to continue to rise in 2014, but there is no ‘bubble’ yet, according to a report from the UK’s largest mortgage lender. In its forecast for 2014, the Halifax has said house prices will rise by 4% - 8% during 2014, whilst it expects Bank base rate to remain at 0.5% for the rest of the year. Supported by an improving economy and low interest rates, the bank ...