Rat and Mouse
Tue
08
Dec
Market report - last Halifax index of the year

The fifth consecutive house price rise shows the average property up 1.4% in November, leaving the index up 4.2% on the year... higher, I'd suggest, than most of us considered back in January. According to the accompanying literature, we can look to a shortage of property for supporting prices in 2009. Expect - they say - to see that change in the new year, when a new tide of sellers come onto the market. There's even talk of a double dip.

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