House prices rise as confidence returns

The Halifax today claimed confidence was returning to the housing market after house prices rose in November.

The Halifax today claimed confidence was returning to the housing market after house prices rose in November.

It said prices were up 0.4 per cent, overcoming a 0.2 percent drop in October, and moderate increases remained the trend.

However, it is expected that a slowing of economic growth in the coming months will restrict house price growth.

Last week, the Nationwide said house prices had rising by 0.9 percent in November.