House price growth halved over past year, says Halifax

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Annual house price growth at weakest since July 2013, says halifax. house price growth has, however, nearly halved over the past 11 months.. rise in house prices reported by the Halifax.

Some 58 percent of Britons expect house prices to rise over the next 12 months, but most of these expect an increase of less than Britons still subdued over housing market outlook – Halifax Home

The growth in house prices across the UK showed a significant slowdown in the year to March. "The annual rate of house price growth has more than halved over the past 12 months," said Martin Ellis,

The growth in UK house prices is continuing to slow, according to the country’s largest lender, the Halifax. It said average prices rose by 3.9% in the year to And it warned that growth is likely to ease further in the longer term, as wages fail to keep pace with inflation.

It marks the weakest levels recorded in almost four years. Martin Ellis, a housing economist at Halifax, said: "The annual rate of house price growth has more than halved over the past 12 months..

About the halifax house price index. The Halifax House Price Index is the UK’s longest running monthly house price series with data covering the whole country going back to January 1983.. From this data, a "standardised" house price is calculated and property price movements on a like-for-like basis (including seasonal adjustments) are analysed over time.

House prices are up 5 per cent over the past year. annual house price growth leapt from 2.6 per cent in March, with Halifax reporting that the average UK home cost £236,619 in April – some £16,195.

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House prices have gone up by 6.6% in the past year, according to the latest Halifax house price survey. Although this was the fastest annual rate of increase since October 2007, the mortgage.

House prices are growing at the slowest rate for five years, Halifax says.. Year-on-year house price growth is now less than half the rate seen just a few months ago.. How house prices have.

House price gains fall says Halifax.. for eight and a half years, as faster house price growth in the north over the last 12 months has caused the ratio between prices in the north and south to.

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