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House prices rise at fastest rate since 2007

House prices are rising at their fastest rate in 14 years.

Figures from Halifax show the monthly pace in price growth of 1.7% to be higher than at any time since February 2007.

More than £4,000 was added to the price of the average home last month, pushing it up to £267,587.

After three months of declining price growth, annual house price inflation was pushed up to 7.4%.

The Times (£)
The Guardian

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