Rolling coverage of the latest economic and financial newsHouse prices in the south of England are under the greatest pressure at the moment, Halifax’s report shows.The four regions of southern England have seen average house prices fall over the last year, with the South East registering the largest dip, of -0.6%, pulling average house prices down to £387,469.Typically, it’s these regions (including Greater London, Eastern England and the South West) where buyers face the most expensive average property prices, and therefore the biggest impact of higher borrowing costs. Continue reading…
Source : theguardian.com
Read more…Annual UK house price growth hits 10-year low, as southern England comes under pressure – business live