UK housing market red-hot

LONDON: Britain's red-hot property market gained fresh upwards momentum in September, with house prices rising at their fastest rate since May, according to the Halifax bank yesterday.

Monday, October 7th 2002, 8:57AM

by The Landlord

The country's biggest home loans lender also revised up its forecast for annual house price inflation in 2002 to 24 percent from 15 percent, citing record low interest rates, a shortage of property, and confidence in the overall economy.
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