RSS   Newsletter   Contact   Advertise with us
Post Online Media

UK house prices fall for second month

Share on Twitter Share on LinkedIn
Staff Writer |
UK house prices fall
Britain   On a quarterly basis, house prices remained flat

UK house prices decreased for the second straight month in January, data from the Lloyds bank subsidiary Halifax and IHS Markit showed.

House prices fell unexpectedly by 0.6 percent in January from December, when they were down 0.8 percent. Prices were forecast to climb 0.2 percent.

In three months to January, house prices grew at a slower pace of 2.2 percent from the previous year, slower than the 2.7 percent increase logged in three months to December. Economists had forecast the rate to slow moderately to 2.4 percent.

On a quarterly basis, house prices remained flat after gaining 1.3 percent in three months ended December.

What to read next
POST Online Media Contact