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Halifax house price index September 2011

By: Language: English Publication details: London Lloydsbankinggroup 2011Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: United Kingdom house prices increased by 0.5% in July 2011 but prices in the three months to July were 0.1% higher than in the previous three months. Greater uncertainty about economic and personal financial circumstances, together with pressure on householders' finances from weak earnings growth, higher inflation and increases in taxes, are likely to be constraining housing demand. Despite these pressures, low interest rates and a rise in employment over the past year, have been supporting the market, resulting in broad stability in both prices and activity.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 154044-2001

United Kingdom house prices increased by 0.5% in July 2011 but prices in the three months to July were 0.1% higher than in the previous three months. Greater uncertainty about economic and personal financial circumstances, together with pressure on householders' finances from weak earnings growth, higher inflation and increases in taxes, are likely to be constraining housing demand. Despite these pressures, low interest rates and a rise in employment over the past year, have been supporting the market, resulting in broad stability in both prices and activity.