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UK February Halifax house prices +1.1% vs -0.3% m/m expected

UK February Halifax house prices +1.1% vs -0.3% m/m expected
  • Prior 0.0%; revised to +0.2%

The annual house price growth (+2.1%) remains unchanged for a third month running with the monthly reading showing a bit of a jump in the past month. Halifax notes that:

"Recent reductions in mortgage rates, improving consumer confidence, and a continuing resilience in the labour market are arguably helping to stabilise prices following the falls seen in November and Dec... Read More

Posted: Mar 7 2023, 07:08
Author Name: forexlive
Views: 110824

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