February sees the market back on track

March 9, 2006
House prices rose by 1.4% in February according to the Halifax, offsetting January’s fall. This increase meant that annual house price inflation was broadly unchanged from December 2005 and January 2006 at 5.5%. Halifax’s chief economist Martin Ellis said: "This mixed pattern of monthly price rises and falls is a typical feature of a slower housing market. The combination of …

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