— Prices Down 0.6% In 3 Months To Nov Vs Previous 3-Month Period
LONDON (MNI) – UK house prices fell by 0.9% in November from
October and were down 1.0% in the three months to last month from the
same period a year ago, according to the Halifax House Price Index.
Prices were 0.6% down in the latest three months to November from
the previous 3-month period, Halifax said.
Commenting, Martin Ellis, housing economist, noted recent signs of
strengthening in the market but said that volumes and prices were
likely to see little change in the months ahead:
“We expect the market to remain broadly unchanged in terms of both
prices and sales over the coming few months as demand and supply
conditions alter little.”
–London newsroom: 44207862 7492; email: ukeditorial@marketnews.com
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