Halifax (HPI) June 2016

July 7, 2016

Halifax House Price Index released today for June 2016 headlines Annual house price growth eases to 8.4%.

 
Prices in the three months to June were 8.4% higher than in the same three months of 2015

House prices in the last three months (April-June) were 1.2% higher than in the preceding three months.

Martin Ellis, Halifax housing economist, said: “There is evidence that the underlying pace of house growth may be easing. House prices in the three months to June were 1.2% higher than in the previous quarter; down from 1.5% in May. The annual rate of growth fell from 9.2% in May to 8.4%; the lowest since July 2015.

“House prices continue to increase, albeit at a slower rate, but this precedes the EU referendum result, therefore it is far too early to determine any impact since”.

To read the halifax House Price Index report in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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