House prices ‘marginally’ lower than start of the year

Picture: Malcolm Wells

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THE average house price was only marginally lower last month than at the start of the year as the market remained remarkably stable throughout 2011, says a survey.

The average house price in November was 0.7 per cent lower than in December 2010 at £161,731, which was 0.9 per cent lower than October, the Halifax said.