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UK July Halifax house prices -0.3% vs -0.1% m/m prior

UK July Halifax house prices -0.3% vs -0.1% m/m prior
Prior -0.1%House prices -2.4% y/yPrior -2.6%This marks the fourth straight month that UK house prices have fallen, according to Halifax's measure. It is a sign of the times as housing market conditions have certainly peaked with higher interest rates now weighing on sentiment and the outlook. Halifax notes that:“The continued affordability squeeze will mean constrained market activity persists, and we expect house prices to continue to fall into next year. Based on our current economic assumptio... Read More
Posted: Aug 7 2023, 06:00
Author Name: forexlive
Views: 102085

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