UK house prices rose 9.5% last year in largest hike since 2006, says Halifax
by Hilary Osborne from Economics | The Guardian on (#ZXM3)
National average house price now 5.58 times earnings, in sign of continued lack of homes for sale to meet demand
UK house prices rose by 9.5% in 2015, figures from the country's biggest mortgage lender show, in the biggest increase since 2006, before the financial crisis.
Halifax's latest monthly report showed the average price of a home in the UK rose by 1.7% in December 2015, to hit a new high of 208,286.
Related: Number of unbuilt homes with planning permission hits record levels, LGA says
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