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House price growth halved over past year, says Halifax

News house price growth slows to weakest rate since July 2013, says Halifax Annual house price growth slowed to the weakest rate seen in nearly four years in February, according to an index.

House prices rising at the slowest pace in five-and-a-half years, as buyers wait on the sidelines ahead of brexit. halifax house price index says property is up just 1.5% over the past year

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Martin Ellis, chief economist at Halifax, said: "The house price gains in June and July [an increase of 1.2%] represent a clear step down from the 2% plus monthly price growth. past 12 months. He.

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Last week, rival lender Nationwide said prices had risen by just 2.5% over the past year, which is lower than the rate of general inflation. According to the Consumer Prices Index (CPI), the cost of living rose by 3% in the year to October. ‘Imbalance’ The average house or flat in the UK is now selling for 226,821, the Halifax said.

House prices have gone up by 6.6% in the past year, according to the latest halifax house price survey. Although this was the fastest annual rate of increase since October 2007, the mortgage.

House prices are growing at the slowest rate for five years, Halifax says.. Year-on-year house price growth is now less than half the rate seen just a few months ago.. How house prices have.

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"House prices are likely to be firmer over the second half of. mortgage lender Halifax reported last month that house prices in the three months to May were 8.6 percent higher than a year earlier..

Photograph: Alamy Stock Photo House. prices will either stay flat next year or perhaps rise by 1% or so. However, the prognosis for London – which according to the estate agent Savills has.

News Techcology – House prices rose just 2,400 in 2017, says Halifax House prices rose by just 2,353 on average last year, as a slowdown in London and the South East dragged growth down, the.

The annual rate of house price growth has, however, nearly halved over the past 11 months. A sustained period of house price growth in excess of pay rises has made it increasingly difficult for.

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