New data has revealed the average cost of a home in the UK was up during February.
The latest survey from Halifax showed house prices rose by 0.5 per cent over the course of the month, indicating an improvement in the health of the sector during 2013.
Halifax housing economist Martin Ellis explained it is the third month in a row that the average house price has been shown to have gone up in the firm's research.
"This increase in both house prices and activity in recent months is consistent with evidence of some improvement in market conditions," he said.
Mr Ellis suggested one of the reasons behind the improvement in the UK's housing market could be due to the fact half a million people have been able to find employment.
Earlier in the month, data released by Nationwide claimed the average cost of a home in the UK had gone up by 0.2 per cent over the course of February.
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