Halifax Reports Fastest Growing and Highest Average House Price for UK

The UK housing market keeps revealing resilience is a part of its charm. Just when experts are confident that home buyers are falling out of favor with the thought of buying due to higher prices and higher interest rates the market breaks yet another record. According to Halifax, house prices are increasing at the fastest rate since 2007. The market is so robust that the current average price is the largest annual gain in the almost 40 years of Halifax reports.