UK house prices ‘to rise through rest of year’ after jump in July
by Jack Simpson from World news | The Guardian on (#6PSNG)
Halifax says average property price in July was 291,268 as lower mortgage rates expected to lead growth
UK house prices increased by 0.8% in July, and lower mortgage rates are expected to lead to continued growth throughout the rest of the year, according to the mortgage lender Halifax.
The average house price in the UK across July was 291,268, a 0.8% rise on the 289,042 recorded in June. It marks a significant uptick after three subdued months, during which there were rises of between 0.1% and 0.2%.
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