UK house prices rise more strongly than expected in Oct

November 5, 2015 8:13 AM

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LONDON Nov 5 British house prices rose at a much faster monthly pace than expected in October, according to a survey from mortgage lender Halifax on Thursday that suggested prices will keep climbing.

House prices rose 1.1 percent on the month, wiping out a 0.9 percent decline in September. Economists polled by Reuters had expected a 0.6 percent increase.

Also read: Sales of new homes rose 3.1 percent in September

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