Latest Halifax index shows UK property prices rose again in December

[Nicholas Wallwork]

Residential property prices in the UK increased by 1% in December, a traditionally slow month for*the real estate market and are expected to remain flat in 2010, according to the latest analysis*from the Halifax.

It is the sixth month in a row that the Halifax index has risen and was slightly below the*average for the preceding five months of 1.2%. But prices in the final three months of 2009 were*3.5% higher than in the third quarter, the biggest quarterly increase since the final quarter of*2006.

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[nyebe]

This is great since I'm looking for a new house I think I can recommend on this.