Monthly house prices increase for the first time in six months, says Halifax

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Despite “subdued” housing market, October has seen an increase in house prices of 1.1% compared to the previous month

House prices in October have increased for the first time since March this year, according to the latest Halifax house price index.

The mortgage lender said that the average house price has increased by 1.1% in October, to £281, 974, an increase of almost £3,000 compared to September.

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