Property News · November 7, 2016

UK house price surge defies expectations, says Halifax


Surprise rise of 1.4% in October thought to be fuelled by low mortgage rates and shortage of homes for saleUK house prices surged unexpectedly in October, countering signs of a broad slowdown in the housing market over the last six months, a survey from mortgage lender Halifax claimed on Monday. House prices shot up 1.4% in October compared with an upwardly revised 0.3% increase in September. Economists polled by Reuters had expected only a 0.2% rise. Continue reading…

Source : theguardian.com
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