U.K. house prices rose to their highest level in more than five years in December, while mortgage activity surged in November, data showed Friday, adding to concerns that a lack of supply is helping fuel rapid price increases.
The jump was again heavily driven by London, where house prices were nearly twice as high as the rest of the country. The divergence has sparked debate at the highest levels of government over whether there is…
Continued here: U.K. House Prices Up Again
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