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July still slow

Series: Halifax Press Release ; 4 August 2004 (4)Publication details: 2004Subject(s): Summary: The "Halifax house price index" for July 2004 has been released. Figures show that the market may be slowing. House prices grew by 1.3% in July, which was very similar to June's 1.2%. In the previous six months the average has been 2.0% plus. The average UK house price broke through the £160 000 barrier in July. While this is good news for existing home owner as their financial positions are strengthened, it highlights how hard the situation is for first-time buyers. Over the year to June 2004, terraced houses were the best performing type of property across the UK with prices rising by 23%. The full report can be viewed at: http://www.hbosplc.com/economy/nationalpressreleas e.asp.
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News article London News article WB403012 (Browse shelf(Opens below)) 1 Available 127015-1001

The "Halifax house price index" for July 2004 has been released. Figures show that the market may be slowing. House prices grew by 1.3% in July, which was very similar to June's 1.2%. In the previous six months the average has been 2.0% plus. The average UK house price broke through the £160 000 barrier in July. While this is good news for existing home owner as their financial positions are strengthened, it highlights how hard the situation is for first-time buyers. Over the year to June 2004, terraced houses were the best performing type of property across the UK with prices rising by 23%. The full report can be viewed at: http://www.hbosplc.com/economy/nationalpressreleas e.asp.