UK house price growth slips to six-year low amid Brexit uncertainty

UK house price growth slips to six-year low amid Brexit uncertainty
 

House prices grew at the slowest rate in almost six years in November as wavering consumer confidence before the UK’s departure from the EU took its toll on the housing market.
Prices grew by only 0.3% in the year to November, down from 1.5% in October, according to the Halifax house price index, published on Friday.
The last time the annual growth rate of house prices was as weak was in December 2012, when the UK economy was contracting.
The average price of a UK home was £224,578 in November, 1.4% lower than the previous month.
Samuel Tombs, the chief UK economist at Pantheon... read more

 
7 December 2018 in Business, Views: 53
Source: Guardian
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