The average UK house price hit a new record high of £298,083 in November, according to an index. Property values rose by 1.3% month-on-month, marking the fifth increase in a row, Halifax said. On an annual basis, house prices increased by 4.8% in November, accelerating from 4.0% growth in October.
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00:00Hello, my name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post and
00:05here are your business headlines for this morning.
00:08The average UK house price hit a new record high of £298,083 in November, according to
00:16an index. Property values rose by 1.3% month-on-month, marking the fifth increase in a row, the Halifax
00:25said. On an annual basis, house prices increased by 4.8% in November, accelerating from 4%
00:33growth in October. Amanda Bryden of the Halifax said, UK house prices rose for the fifth month
00:40in a row in November, up by 1.3% in the month, the biggest increase so far this year.
00:48My name's Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.