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Halifax:perks up/prices surge/3 year low

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
Calcaria
Posts: 22
Joined: November 7th, 2016, 5:21 pm

Halifax:perks up/prices surge/3 year low

#1808

Postby Calcaria » November 7th, 2016, 5:33 pm

House prices jump £3k in a month, but annual growth is slowest in three years as buyers struggle to afford homes
. UK average house prices rose 1.4% in October compared to September
. Annual growth eased to 5.2% - lowest since July 2013
. UK average home valued at £217,411 in October

By Camilla Canocchi for Thisismoney.co.uk
http://www.dailymail.co.uk/money/mortga ... slows.html

SKY NEWS

UK house prices surge unexpectedly in October - survey
House price growth is expected to ease further in the coming months - but price levels are likely to remain high.
http://news.sky.com/story/uk-house-pric ... y-10648893

House prices increased by 5.2% in the three months to October, compared to the same period last year, according to a survey by the mortgage lender Halifax.

The results, which were higher than expected, suggest a reversal of a broad slowdown in the housing market over the past six months.

Prices increased by 1.4% in October, compared to 0.3% in September. ....

BBC

House price inflation hits three-year low, says Halifax
By Brian Milligan Personal Finance reporter
http://www.bbc.co.uk/news/business-37894599

Annual house price inflation in the UK is now at its lowest rate since July 2013, according to Britain's largest mortgage lender, the Halifax.

It fell to 5.2% in the year to the end of October, down from 5.8% in the previous month.

House price inflation has nearly halved since hitting a peak of 10% in March this year, the Halifax said.

However, it said price rises remain "robust". The average price of a house or flat is now £217,411. ...

WandleHens
Posts: 21
Joined: November 4th, 2016, 10:13 am
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Re: Halifax:perks up/prices surge/3 year low

#1823

Postby WandleHens » November 7th, 2016, 5:50 pm

Hey Calcaria,

Phew, we were worried that you hadn't made the leap into the Lemon.

What took you so long?

WHens


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