House prices rose in January for the fourth successive month, dampening fears of an impending property market crash.
The average price of a property in the UK last month increased by 1.3% – or £3,900 – to £291,029 compared to December, according to Halifax, and was up 2.5% year on year. Having previously fallen for six consecutive months, house prices have now risen for the last four months in a row.
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