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UK house prices to rise 4-6% in 2016: Halifax

EXPENSIVE: BOE chief economist Andy Haldane last month called the British housing market "broken", blaming a long-term failure of construction to keep up with demand.


BRITISH house prices are likely to rise more slowly next year, with prices increasing by between 4 and 6 per cent compared with growth of nearly 10 per cent in the past 12 months, mortgage lender Halifax forecast on Friday.

Last year, Halifax said house prices would rise by...