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House prices in the three months to June were 3.7% higher than in the same three months a year earlier. This was the biggest increase in the annual measure since August 2010 (4.6%), according to the latest Halifax House Price Index.

Property values in the second quarter of 2013 (April-June) were 2.1% higher than in the first quarter of the year (January-March). As a result, house price growth between the latest three months and the preceding three months edged above the 1-2% range that it had been in throughout the preceding five months. This was the biggest increase on this measure since January 2010 (2.9%). The average house price is now £167,984.

July 05, 2013
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