Housing affordability strongest since late 2015 as price growth slows, says Halifax

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Monthly house price growth flat in November, while annual rate slows

A slowdown in house price growth has put affordability at its highest level since late 2015, according to Halifax’s head of mortgages.

The bank’s house price index showed prices were broadly unchanged in November, edging up by £139 compared with the previous month, bringing the typical property price to £299,892. The flat growth rate was down slightly on the 0.5% month-on-month rise recorded in October. 

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