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House prices slow

Series: Halifax Press Release ; 2 July 2004 (5)Publication details: 2004Subject(s): Summary: Latest figures from Halifax show that house prices increased by 1.2% in June, the smallest rise since last November and below the average monthly rise of 2.1% in the preceding six months. The north-south divide narrowed further in the second quarter of the year as northern England experienced the strongest house price inflation. Halifax forecast that the higher cost of borrowing together with the difficulties facing first-time buyers would contribute to slower UK house price inflation.
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News article London News article WB4026-12 (Browse shelf(Opens below)) 1 Available 126719-1001

Latest figures from Halifax show that house prices increased by 1.2% in June, the smallest rise since last November and below the average monthly rise of 2.1% in the preceding six months. The north-south divide narrowed further in the second quarter of the year as northern England experienced the strongest house price inflation. Halifax forecast that the higher cost of borrowing together with the difficulties facing first-time buyers would contribute to slower UK house price inflation.