LONDON (Reuters) – British house prices rose in October at the fastest annual rate since June 2016, although there were signs of fading momentum as the COVID-19 pandemic escalated, mortgage lender Halifax said.
House prices rose 7.5% in October compared with a year earlier, compared with annual growth of 7.3% in September, Halifax said.
But in October alone, house prices rose 0.3% – the weakest growth in four months.