© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

UK house prices experience annual fall for first time in decade, data shows

Price of average home in May was 1.1% lower than in same month last year, according to Halifax figures

UK house prices have experienced their first annual fall in more than a decade, according to Halifax, in a sign that the impact of soaring interest rates on household budgets has brought a halt to the country’s long housing boom.

The price of the average home last month was 1.1% lower in May than in the same month last year, marking the first time that prices have fallen year-on-year on the lender’s monthly report since December 2012.

Continue reading…

Related posts

UK to apply to join free trade pact with nations on other side of world

AEA3

Russia-Ukraine war live: Russia launches missile attack on Kyiv hours before critical Nato summit begins

AEA3

UK supermarkets cut diesel prices by 7p a litre after watchdog concerns

AEA3

Pin It on Pinterest

Share This