UK house prices declined by 0.9% from a month earlier in
January, a survey released by Halifax has shown. The change means the average
price of a house in Britain is now £220,260 ($272,562). House prices in the
three months to January period were 5.7% higher than in the same period a year
ago, down from the 6.5% growth recorded in December. Halifax said demand for
housing is likely to remain strong through the coming year but listed weaker
economic growth and an expected drop in spending power as downside risks. Read
more on the IBT website.
No comments:
Post a Comment