Property News · August 5, 2016

UK house prices fall 1% after Brexit vote, says Halifax


Building society records month-on-month fall in July but defies increasingly negative expert consensus by saying growth rates appear sturdyHouse prices fell 1% last month following the vote to leave the EU, a survey by Halifax, Britain’s biggest mortgage lender, shows.The month-on-month fall took the average house price to £214,678. The decline was the third this year and largely offset a 1.2% increase in June. Figures for a single month can be erratic and Halifax focuses on quarterly trends, where growth is slowing. Continue reading…

Source : theguardian.com
Read more…UK house prices fall 1% after Brexit vote, says Halifax

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