The latest Halifax House Price index has just been released and it's key findings are:
- Prices in the 3 months to June were 8.4% higher than in the same period of 2015. This was down from 9.2% in May and was the lowest since July 2015 (7.8%)
- House prices in the last 3 months to June 16 were 1.2% higher than in the preceding 3 months. This was slightly below Mays 1.5% increase and was the lowest rise since December 2014 (1%)
- Home sales stabilised in May. There was a surge of activity on the run up to March with the stamp duty changes and in May 89,700 completions took place up 1.5% on April. However this is still well below the six month average which amounts to 106,750.
http://static.halifax.co.uk/assets/pdf/mortgages/pdf/June-2016-House-Price-Index.pdf
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