House prices rise as confidence returns

Tuesday 05 December 2000 01:00 GMT

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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.

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House prices rise as confidence returns

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