In January there was a rise in UK house prices for the first time since October 2010, with an increase of 1.3% compared to the previous year according to Halifax. It was also reported that property values were down 0.2% in December 2012.
Halifax believes that the outlook for prices was unclear, but that in the three months up to January prices were 1.9% higher than the previous three months and that the average home was valued at £162,932. Read more

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