Average house price in Britain hit record high in October

NAMPA / DPA

2024-11-07

London (PA Media/dpa) - The average house price in Britain hit a new high in October, putting it just shy of £294,000, according to survey data from Halifax, a subsidiary of the British bank Lloyds Bank. House prices increased by 0.2% in October, the fourth monthly increase in a row, Halifax reported. The average house price was £293,999 ($379,400), surpassing a previous peak in June 2022. Property values increased by 3.9% annually, slowing from......

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