An improving picture for house prices?


This 642-word blog post shares insights from the latest Halifax house price index. Includes a comment from Russell Galley, Managing Director, Halifax. Written on 8th May 2019.

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Article preview: House prices remain quality dinner party conversation, with the threat of a hard-Brexit causing many homeowners to stay put. The lack of buyer or seller activity in the housing market appears to have suppressed the growth in values in recent months. But the latest figures suggest an improving picture. According to the latest Halifax house price index, average prices were up by 1.1% last month. This increase compares favourably with the 1.3% fall in average prices in March. When viewed quarterly, average prices rose by an impressive 5% compared with the same period a year earlier.