HOUSE PRICES RISE AGAIN

Wednesday 2nd December 2009, 12:00am

BRITISH house prices rose 0.5 per cent in November, according to the latest monthly Nationwide survey. This matched October’s increase and took the average house price to £162,764. Although a lack of stock and falling prices have underpinned price rises, analysts pointed out that the rise in UK house prices appeared to be moderating and that the market could see a second relapse in 2010.