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Prices still falling

Series: HBOS Press Release ; (August 2004) 3 September 2004 (4)Publication details: 2004Subject(s): Summary: The "Halifax house price index: August 2004" has just been released and in agreement with other indices, shows that house prices fell by 0.6%% last month. Although they have increased by 1.8% overall during the past three months, this is significantly lower than the 6.5% rise recorded in the preceding three months. Again, the Halifax feels that the five successive interest rate rises since November 2003 have acted as a brake on house price growth. The average house price was £160 565. http://www.hbosplc.com/economy/nationalpressreleas e.asp
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News article London News article WB403419 (Browse shelf(Opens below)) 1 Available 127269-1001

The "Halifax house price index: August 2004" has just been released and in agreement with other indices, shows that house prices fell by 0.6%% last month. Although they have increased by 1.8% overall during the past three months, this is significantly lower than the 6.5% rise recorded in the preceding three months. Again, the Halifax feels that the five successive interest rate rises since November 2003 have acted as a brake on house price growth. The average house price was £160 565. http://www.hbosplc.com/economy/nationalpressreleas e.asp