Business | Money The housing market “beat expectations” in 2023, with the average UK property value ending the year £4,800 higher than it had been at the end of 2022, according to an index. Property values increased by 1.7% on average across 2023, Halifax said. Average house prices rose by 1.1% month-on-month in December, the third monthly rise in a row. The typical UK house price in December 2023 was £287,105, up from £282,305 in the same month a year earlier. The housing market beat expectations in 2023 Kim Kinnaird, Halifax Mortgages Kim Kinnaird, director, Halifax Mortgages, said: “In December, the cost of an average UK home…
