House prices surge with 7.7% rise

Press Association
Housing supply 'not meeting demand'
Housing supply 'not meeting demand'

%VIRTUAL-SkimlinksPromo%House prices surged by 7.7% annually in November, marking the fastest rate seen in six years, Halifax has reported.

Halifax said the increase was the biggest seen since October 2007, as strengthened demand in the market combined with a lack of homes for would-be buyers to choose from.