Latest data released by Halifax - 7 September 2018
- Prior +1.4%
- House price index 3m/y +3.7% vs +3.7% expected
- Prior +3.3%
In-line with expectations there, but the rolling three months-to-a-year reading shows yet another increase relative to July and that signals that the housing market is holding up well despite the slowing London house prices.
Nothing to suggest any overbearing worries on the UK housing market just yet. GBP/USD holds steady near the highs at 1.2942 currently. EUR/GBP in a tight range on the day at 0.8994 while GBP/JPY sits near session highs at 143.26 currently.
