Economic Buzz: UK Halifax House Prices Increase Most In 7 Months

Economic Buzz: UK Halifax House Prices Increase Most In 7 Months

Dec 06, 2019 09:12 IST capital market

UK house prices increased 2.1 percent on a yearly basis in three months to November, following a 0.9 percent rise in three months to October, from the Lloyds Bank subsidiary Halifax and IHS Markit showed on Friday. Prices increased at the fastest pace since April, when inflation was 2.6 percent. Month-on-month, house prices advanced by a more-than-expected 1 percent, in contrast to a 0.1 percent fall in October. Prices were expected to gain 0.2 percent.

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