UK house prices fall in September: Halifax
[LONDON] British house prices fell by 0.9 per cent in September from August when prices showed a surprisingly strong leap, mortgage lender Halifax said on Tuesday.
In year-on-year terms, price growth slowed to 8.6 per cent in the three months to September, down from 9.0 per cent.
Economists taking part in a Reuters poll had expected prices to rise by a monthly 0.1 per cent in September to take the annual increase to 9.0 per cent.
The Halifax survey contrasted with another measure of British house prices, compiled by rival mortgage lender Nationwide, which found prices rose more quickly in September than in August.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Luxury private home rents jump in Q1 amid wider market slump: Huttons Asia
Evictions surge in Arizona with housing shortage and rising prices
China property shares firm after Politburo highlights clearing inventory
Dubai billionaire’s children plan to revive troubled world islands
UK commercial real estate lending plunges to lowest in a decade
Hybrid, flexible working set to curb Singapore office usage and rents