Property News · May 8, 2017

Are UK house prices starting to fall? The Halifax thinks so


Halifax claims prices are falling with even surveyors starting to reduce valuations as inflation squeezes household finances and dents demandHouse prices fell again in April and are now nearly £3,000 below their peak in December 2016, amid broadening evidence of a slowdown in the UK property market.The average property fell in value by 0.1% in April, according to data from Halifax. Although this is not as steep as the 0.4% monthly fall recorded by Nationwide, it puts both major indices on a similar downward trend. Continue reading…

Source : theguardian.com
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