Property News · September 6, 2024

UK house prices hit two-year high as market recovers from Truss mini-budget


Average cost of property rose 0.3% to £292,505 in August, says Halifax, after ‘largely positive summer’Business live – latest updatesUK house prices hit a two-year high last month, in the latest sign that the property market has recovered from the aftermath of Liz Truss’s infamous mini-budget that sent borrowing costs soaring, according to the latest figures from Halifax.The lender said the cost of an average house increased by 0.3% last month, after rising 0.9% in July, pushing the average cost of a property to £292,505. Continue reading…

Source : theguardian.com
Read more…UK house prices hit two-year high as market recovers from Truss mini-budget