10th November 2017
House prices across the UK are rising strongly and will continue to do so in the months ahead, according to Halifax, which said prices rose 4.5% in the year to October, up from 4% in September and the fastest rise since February. Month-on-month, homes were 0.3% more expensive in October. The bank said that last week's rise in base rates, which will affect more than 4m people on variable rate mortgages, was unlikely to dampen the market, and put the average price of a UK house to a new record high of £225,826.
The Daily Telegraph (07/11/2017)