UK home prices rise 1.4% in November

British house prices have risen for a fifth month, jumping 1.4 per cent in November from October, a key survey from home-loans provider Halifax showed yesterday.

However the lender, part of state-rescued Lloyds Banking Group, predicted that prices would be flat in 2010 as Britain looks to recover from a deep recession.

"This was the fifth successive monthly rise with prices more than four per cent higher over the first 11 months of the year," said Halifax housing economist Martin Ellis.

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