House prices shoot up in April

for sale sign (2)

The Halifax says average price of a homes rose 1.4% in the month to new record

House prices rose by 1.4% in April according to the Halifax, in the latest evidence of the resurgence of the housing market following chancellor Rishi Sunak’s March budget.

The mortgage lender said prices rose 1.4% over the month to a new record high, leaving the average cost of a home, at more than £258,000, 8.2% up on the same month last year.

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