Home prices in Britain rose in September at their fastest pace in more than 14 years, thanks to strong demand despite the difficulties facing the British economy, an economic report published on Thursday showed.<According to a report by Halifax British Mortgage Bank, home prices rose by 11.7TP3T to £267,587 ($363,000) per home last month after rising by 01.8TP3T in August. Last month's price increase is the largest since prices rose by 71.4TP3T in February.2007
Bloomberg News Agency pointed out that the housing market in Britain has been witnessing a recovery since the summer of last year thanks to the reduction of taxes on purchases of properties
and the tendency for Britons to buy larger homes outside city centers with the expansion of
work-from-home system due to the pandemic The exemption from stamp duty on real estate transactions was reduced last July and ended completely last September, but many of the factors supporting the real estate market in Britain are still in place, which contributed to the continued rise in prices.