Housing market remains strong
Series: HBOS Press Release ; 5 November 2003 (3)Publication details: 2003Subject(s): Summary: The "Halifax house price index" for October shows house prices rising by 1.2% with annual house price inflation standing at 16.7% compared to 24.5% at the same time last year. The average house price (seasonally adjusted) is £137 780. The predicted 0.25% increase in bank base rates will have only a modest effect on the housing market. A chronic shortage of new houses continues to contribute to the upward pressure on house prices. http://www.hbosplc.com/view/housepriceindex/nationalcommentary.asp.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3942-12 (Browse shelf(Opens below)) | 1 | Available | 124248-1001 |
The "Halifax house price index" for October shows house prices rising by 1.2% with annual house price inflation standing at 16.7% compared to 24.5% at the same time last year. The average house price (seasonally adjusted) is £137 780. The predicted 0.25% increase in bank base rates will have only a modest effect on the housing market. A chronic shortage of new houses continues to contribute to the upward pressure on house prices. http://www.hbosplc.com/view/housepriceindex/nationalcommentary.asp.