All you need to know about what’s hap­pened in prop­erty this week

The Daily Telegraph - Property - - Cover Story -

Prop­erty prices are still ris­ing – but at a con­sid­er­ably slower pace, ac­cord­ing to the Hal­i­fax house price in­dex.

House prices in July were 2.1 per cent higher than the same pe­riod last year, the low­est rate since April 2013 and down from the 5.7 per cent rate of growth in Jan­uary.

Prices in the sec­ond quar­ter were 0.2 per cent lower than the pre­vi­ous three months. This is the fourth suc­ces­sive quar­ter of de­cline, the first time this has hap­pened in al­most five years.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.