Property News · July 7, 2017

UK house price fall takes annual growth rate to slowest in four years


Average cost of a home fell by 1% in June to £218,390, according to Halifax – the first drop it has reported in five monthsUK house prices fell unexpectedly in June, dragging the annual rate of growth to the lowest level in four years in the latest sign that consumers are shying away from major spending commitments.The average cost of a home fell by 1% over the month to £218,390 according to the Halifax, one of the UK’s biggest mortgage lenders. It was the first drop reported by the Halifax in five months and surprised economists who had forecast a 0.2% increase. Continue reading…

Source : theguardian.com
Read more…UK house price fall takes annual growth rate to slowest in four years

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