House prices to fall despite surprise rise in mortgage approvals - Telegraph
Just over 48,000 loans were approved for people buying a property in November, up from 47,315 the previous month, according to the Bank of England. Economists had expected a slight fall.
The modest increase ends six consecutive months during which approvals for house purchases had declined. But it is well below the 70,000 to 80,000 approvals regarded as consistent with a stable market.
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