The property market in the UK improved in December

The property market in the UK improved in December

The property market in the UK improved slightly in December with annual price growth of 1.3%, up from the 0.3% recorded in November, according to the latest lender index.

This took the average price to £229,729 and overall in 2018 house price growth was within the 0% to 3% forecast from lender the Halifax.

The data from the Halifax index also shows that month on month prices increased by 2.2% in December following a fall of 1.2% in the previous month but on a quarterly basis prices were 0.4% lower.

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