House price boom continuing, says Halifax

By Joey Gardiner2021-06-07T09:16:00

Mortgage lender says annual inflation at seven year high after 1.3% leap in May

House price inflation hit its highest level in nearly seven years in May, according to the latest house price index from the Halifax.

The mortgage lender said that average prices rose a further 1.3% in the month to reach an all-time high of £261,743, 9.5% above the level seen in the same month a year ago.

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