UK October Halifax house prices +0.7% vs +0.8% m/m expected
Latest data released by Halifax - 7 November 2018
- Prior -1.4%; revised to -1.3%
- House prices +1.5% vs +1.3% 3m/y expected
- Prior +2.5%
The average house price for the month was £227,869 and that's a decent beat following the drop experienced in September. However, the 3-months-to-a-year reading continues to dwindle lower and points to a trend that the housing market is softening still. That's the lowest annual growth since March 2013.