UK house prices surge more than expected in Dec: Halifax
[LONDON] British house prices surged more than expected in December to hit a four-month high, mortgage lender Halifax said on Thursday, another sign of growing momentum in the housing market.
House prices rose 1.7 per cent in December compared with November, when they stagnated. A Reuters poll of economists had expected a 0.5 per cent upswing in December.
In the three months to December, house prices were 9.5 per cent higher compared with a year ago, again stronger than the 9.0 per cent growth expected by economists.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
German home building permits tumble 18% in February, extending rout
China national who had Singaporeans front plan to buy East Coast houses pleads guilty
Freddie Mac seeks regulatory approval to back home-equity loans
China national fined S$45,000 for having Singaporeans front plan to buy East Coast houses
Condo rents inch up after 7-month decline; volumes recover: SRX, 99.co
Apple to invest US$250 million into expanding Ang Mo Kio campus