UK December Halifax house prices +2.2% vs +0.5% m/m expected
Latest data released by Halifax - 8 January 2019
- Prior -1.4%; revised to -1.2%
- House prices +1.3% vs +0.4% 3m/y expected
- Prior +0.3%
Slight delay in the release by the source. The solid jump in house prices for December basically offsets the poor reading in November and helps lift the annual growth to +1.3%. The average house price stands at £229,729 now. However, looking at the quarterly readings, house prices in Q4 was 0.4% lower than in Q3.