House prices rose just £2,400 in 2017 - and fell in December - as property slowdown is forecast for this year



House prices rose by just £2,353 on average last year, as a slowdown in London and the South East dragged growth down, the Halifax index showed.
And there were further signs of a cooling UK housing market as house prices ended the year with the first monthly fall in six months. Halifax forecasts a rise of between 0 and 3 per cent for 2018.
The price of the average UK home fell by 0.6 per cent, or almost £1,400, in December, to end 2017 at £225,021.
Annual house price growth more than halved through last year to 2.7 per cent in December 2017, down from 6.5 per cent in December 2016. ... read more

 
8 January 2018 in Business, Views: 39
Source: Daily Mail
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