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UK housing market saw ‘mini-boom’ in July, Halifax says – Metro US

UK housing market saw ‘mini-boom’ in July, Halifax says

Houses are seen painted in various colours in a residential
Houses are seen painted in various colours in a residential street in London

LONDON (Reuters) – British house prices saw a “mini-boom” as the market reopened following the coronavirus lockdown, mortgage lender Halifax said on Friday.

House prices rose 1.6% month-on-month, the biggest rise this year after being flat in June, Halifax said.

Compared with a year ago, prices were 3.8% higher – the largest annual increase since January.

(Reporting by Andy Bruce; editing by Sarah Young)