House prices increased 15.4% on year - 2004-01-06
Housing prices increased by 15.4% in the past year, with a 1.8% rise last month, Britain's biggest mortgage lender, the Halifax, indicated today.
Although this was well down on 2002's 26.4%, Halifax says the average price of a home is now £142,000.
The figures were in line with those reported by Nationwide Building Society last week, which put growth at 1.6% in December and 15.6% for the year.
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