UK home prices increased in November

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

UK home prices climbed in November showing the highest increase since September 2010. The index shows the property prices increased by 0.4% in November from previous month and rose by 1.6% since November last year.  Experts say the reason is lack of supply in the real estate sector coupled with low interest rates. However, despite slight increase in house prices the overall outlook on British economy remains pessimistic.

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