UK Oct house prices up 11.3 pct year-on-year - govt |
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Published
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Mon, 10 Dec 2007 10:39
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LONDON (Thomson Financial) - House prices accelerated in October, going against the grain of other surveys that have shown prices falling in recent months, government figures showed today.The Department of Communities and Local Government said the annual rate of house price inflation in October was 11.3 pct, up from 10.8 pct in September.The government data, based on completed property sales, lag other surveys from industry groups like the Nationwide and Halifax. Those two surveys showed UK house prices actually fell in November from October, with the Halifax index dropping for the third month in a row.alex.brittain@thomson.comabr/ejbCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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European govt bonds higher ahead of key US rate decision; Gilts underperform 