Friday, 16 December 2016

UK House Prices Growth Slows And May Slow Further

UK house price growth slowed month on month but over the last three months returned to annual growth after a period of softening post the Brexit vote, according to a survey by Halifax. The lender reported that British house prices rose a modest 0.2% month-on-month in November to £218,002, following a 1.5% increase in October. In the three months to November prices were 6.0% higher than in the same period in 2015, having slowed to a three year low of 5.2% in the three months to October. Prices were also 0.8% higher than in the preceding quarter of 2016. Read more on the LSE website.

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