Menu
06/03/2012
UK House Prices Drop
House prices in the UK for February have declined in comparison to the previous month, it has been revealed.
According to a survey carried out by Building Society, Halifax, house prices in the UK are down by 0.5% and the average value of a house in the UK has now dropped in total by 1.9% when compared with the same period last year.
Halifax claim that the average cost of a UK home now comes in at around £160,000.
February's fall in property values comes after a 0.6% rise in prices during January, according to data collected by mortgage lender Halifax.
Halifax's housing economist Martin Ellis said: "significant uncertainties faced the outlook for house prices during the rest of 2012.
"The prospects for property prices depended on events in the eurozone and the potential knock-on effects on the UK."
(LB/GK)
According to a survey carried out by Building Society, Halifax, house prices in the UK are down by 0.5% and the average value of a house in the UK has now dropped in total by 1.9% when compared with the same period last year.
Halifax claim that the average cost of a UK home now comes in at around £160,000.
February's fall in property values comes after a 0.6% rise in prices during January, according to data collected by mortgage lender Halifax.
Halifax's housing economist Martin Ellis said: "significant uncertainties faced the outlook for house prices during the rest of 2012.
"The prospects for property prices depended on events in the eurozone and the potential knock-on effects on the UK."
(LB/GK)
Related UK National News Stories
Click here for the latest headlines.
07 September 2005
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
Halifax reports house prices rise
House prices rose by 1.6% in August, the UK’s biggest mortgage lender, has reported. However, the Halifax warned that the rise could be temporary, boosted by the recent interest rates cuts by the Bank of England. The price rise in August followed a modest 0.4% increase in July and was the biggest monthly rise since September 2004.
05 July 2012
Survey Shows 1% Rise In House Prices
A new survey has revealed that UK house prices rose by 1% in June compared with the previous month, but remained lower than a year earlier. The UK housing market has been relatively stagnant in recent times owing to nervousness about the economy. The Halifax, now part of the Lloyds Banking Group, said that the price of the average home was 0.
Survey Shows 1% Rise In House Prices
A new survey has revealed that UK house prices rose by 1% in June compared with the previous month, but remained lower than a year earlier. The UK housing market has been relatively stagnant in recent times owing to nervousness about the economy. The Halifax, now part of the Lloyds Banking Group, said that the price of the average home was 0.
05 April 2005
House prices rise following March dip
House prices increased by 0.5% in March, the Halifax has reported, offsetting the 0.5% fall in February. There has been "virtually no change" in UK house prices since last September.
House prices rise following March dip
House prices increased by 0.5% in March, the Halifax has reported, offsetting the 0.5% fall in February. There has been "virtually no change" in UK house prices since last September.
28 November 2011
2011 House Prices Down 3%
Britain's house prices have tumbled by another 3% this year according to official figures published on Monday morning. The October data from Land Registry's flagship House Price Index showed an annual price decrease of 3.2%, which takes the average property value in England and Wales to £159,999.
2011 House Prices Down 3%
Britain's house prices have tumbled by another 3% this year according to official figures published on Monday morning. The October data from Land Registry's flagship House Price Index showed an annual price decrease of 3.2%, which takes the average property value in England and Wales to £159,999.
07 January 2013
'Stability' Predicted For UK House Prices
Property prices in the UK dipped by 0.3% in 2012 and will remain at the same level during 2013, according to the Halifax. House prices were 1.3% higher in December than they had been in November, with the average home valued at £163,845 across the UK.
'Stability' Predicted For UK House Prices
Property prices in the UK dipped by 0.3% in 2012 and will remain at the same level during 2013, according to the Halifax. House prices were 1.3% higher in December than they had been in November, with the average home valued at £163,845 across the UK.
-
Northern Ireland WeatherThis Evening and Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Perhaps a touch of ground frost. Cloud will spread east towards morning. Minimum temperature 2 °C.
